Rimac founder pushes hypercar maker to become a Tier 1 supplier

Croatian entrepreneur Mate Rimac is often compared to Tesla founder and CEO Elon Musk. The Rimac Automobili boss admires Musk, but becoming a large-scale electric automaker is not his plan, despite proving his expertise with his debut vehicle, the 1224-hp Concept One electric hypercar. He will stay out of the mass market because he believes the automotive industry will change drastically in the future and because he does not want to compete with his growing list of global customers, which includes Rimac investors Porsche and Hyundai. Instead, he told Automotive News Europe Correspondent Nick Gibbs he wants to help them build faster, better electric cars.