Mate Rimac to Speak at TC Sessions: Mobility 2021

From Garage Startup to Global EV Leader: The Rimac Story

Just ten years ago, Rimac Automobili began as a one-person venture operating from a garage. Today, this electric vehicle and technology firm, established by Mate Rimac, boasts a workforce exceeding 1,000 employees.

The company has forged strategic alliances with both Porsche and Hyundai Motor Group. Furthermore, it is poised to release its all-electric C_Two hypercar, capable of producing 1,914 horsepower, within the current year.

Expanding Beyond Hypercars: The Greyp Bikes Initiative

Rimac’s innovation extends beyond high-performance vehicles. The company also launched Greyp Bikes, a subsidiary dedicated to the production of electrically assisted bicycles.

This expansion is particularly noteworthy considering Mate Rimac’s origins: converting a 1984 BMW into an electric vehicle that once held the record for the world’s fastest.

Overcoming Initial Obstacles in Croatia

“A decade ago, I was essentially working alone in a garage, situated in Croatia—a region lacking a robust technology or industrial base,” Mate Rimac shared in a recent TechCrunch interview.

“The circumstances were challenging; I lacked access to venture capital, a thriving startup ecosystem, or even readily available talent and infrastructure. We faced a constant struggle for survival, focusing on covering expenses month to month.”

He continued, explaining that the initial six to seven years were largely dedicated to ensuring the company’s continued operation, and securing funding for payroll and rent.

Securing Investment and Achieving Profitability

Despite these early hurdles, Rimac successfully attracted investment from Porsche and Hyundai. Importantly, the company also achieved revenue generation and profitability from its inception.

Future Plans: A New Headquarters and Expanded Production

Mate Rimac’s vision for the future remains ambitious. He recently unveiled plans for a new headquarters in Croatia.

This complex will feature an on-site test track, a dedicated research and development and production facility, a museum, employee amenities like a gym and daycare, and even on-site organic food production and animal farming.

Expected to be completed by 2023, the facility will enable Rimac to scale up production of its high-performance electric drivetrains and battery systems for clients including Porsche, Hyundai-Kia, SEAT, Renault, and Pininfarina.

Join Mate Rimac at TC Sessions: Mobility 2021

We are pleased to announce that Mate Rimac will be a featured speaker at TC Sessions: Mobility 2021, a one-day virtual event scheduled for June 9.

This event will provide an opportunity to discuss Rimac’s journey from a non-traditional startup environment, his forthcoming electric hypercar, and the company’s future direction.

A Gathering of Mobility Innovators

Each year, TC Sessions: Mobility brings together engineers, founders, investors, and CEOs shaping the future of transportation.

The agenda is comprehensive, covering electric vehicles – including insights from Mate Rimac – autonomous vehicle technology, micromobility solutions, and even urban air mobility.

Featured Speakers at TC Sessions: Mobility

Among the distinguished speakers are Motional President Karl Iagnemma and Aurora co-founder and CEO Chris Urmson.

They will collaborate to address the remaining technical challenges in autonomous driving, the competition for skilled professionals, optimal business models, and potential applications of this technology.

Additional guests include GM’s VP of Global Innovation Pam Fletcher, Scale AI CEO Alexandr Wang, Joby Aviation founder and CEO JoeBen Bevirt, investor and LinkedIn founder Reid Hoffman, as well as investors Clara Brenner of Urban Innovation Fund, Quin Garcia of Autotech Ventures, and Rachel Holt of Construct Capital.

Also joining the event are Zoox co-founder and CTO Jesse Levinson, community organizer Tamika L. Butler, Remix co-founder and CEO Tiffany Chu, and Revel co-founder and CEO Frank Reig.

Spotlight on China’s Robotaxi Industry

We are also hosting a dedicated panel focusing on China’s rapidly evolving robotaxi sector.

This panel will feature three female leaders from Chinese autonomous vehicle startups with international reach: Jewel Li from AutoX, Huan Sun from Momenta, and Jennifer Li from WeRide.

Secure Your Spot at TC Sessions: Mobility

Don’t delay—ticket prices will increase at the door. Register now to gain access to insights from today’s leading mobility innovators.