Hyundai and KIA join Rimac in the development of new electric vehicles

17 May


The Hyundai Group is the last car manufacturer that has decided to invest in the Croatian company of electric supercar Rimac in exchange for its experience in electric vehicles. The latter defends that the plan is to help Hyundai develop a zero-emission sports car with a central engine. Who would have said it, but Hyundai has made great strides in the automotive industry.

Hyundai and KIA have invested 80 million euros to create a “technological partnership” with Rimac, creators of the impressive Rimac C_Two of 1,940 horsepower, as written by the dream car maker in the press release. Approximately 64 million euros will come from the pockets of Hyundai, while the rest will be completed by KIA, the second brand of the group.

While the statement mentions that the partnership is a way to accelerate the “transition to clean mobility” of Hyundai Motor Group, it seems to focus more on fun than on the efficiency of saving the planet, discussing how the three brands will work together in a central motor sports car. The goal is to have a car that lives up to what is expected of the “N” high performance Hyundai brand. Hyundai, KIA and Rimac will work closely together to develop a high performance electric model under the “N” division of Hyundai

If you’re wondering what exactly Rimac is talking about when referring to the “Hyundai” brand “N” sports car, here’s a clue. Let’s look back to the 2014 Busan Motor Show in South Korea, where Hyundai unveiled the RM Concept. It was a Veloster rear-drive, central engine and 300 horsepower that Hyundai brought the following year in Seoul with the RM 15 concept. Last year, it became clear that the ambitions of the Hyundai mid-engine car were no joke when the head of Hyundai’s high-performance division told Top Gear: “Like the Racing Midship, of which we’ve done three versions, we are still working on these vehicles, trying different things. Maybe one day we will have a car like that. There is not a decision yet, but it could happen.” So Hyundai seems to be serious about this central-engine vehicle, and is now joining forces with a company that builds high-powered electric powertrains.