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Hyundai Motor Group to invest €80M in Rimac; collaborating on high-performance EV and FCEV prototypes by 2020

Green Car Congress

Under the new partnership, Hyundai Motor Company and Kia Motors Corporation will each invest €64 million and €16 million, respectively, for a total combined investment of €80 million in Rimac. Rimac was founded in 2009 by Mate Rimac as a garage project in Croatia with the vision to build the sports car of the 21 st century.

Hyundai 191
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IEEE Honors Iconic Engineers

Cars That Think

DEBOY Infineon Technologies Austria AG Villach, Austria TATSUHIKO FUJIHIRA Fuji Electric Matsumoto, Japan “For contributions to the concept and realization of superjunction power devices that significantly improve power efficiency.” Corecipients: DAVID JAMES COE Philips Research Laboratories Redhill, Surrey, England GERALD F. IEEE RICHARD M.

Engine 68