How Rimac Built a Hypercar Company From a Broken BMW
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How Rimac Built a Hypercar Company From a Broken BMW

0:00 Mar 22, 2026
About this episode
The Rise of a New BenchmarkWhile high-performance combustion cars with nearly 2,000 horsepower, like the Hennessey Venom F5, continue to push the envelope, Rimac took a different route by bringing electric hypercars into the conversation with the Nevera. Getting to that point was far from easy, especially since founder Mate Rimac started with a small, inexperienced team made up mostly of people in their 20s and without boatloads of cash to burn.In a recent YouTube upload, Rimac reflected on the challenges the company faced before producing its first hypercar, the Nevera, in 2021, which ultimately put the brand on the map. At the time, it was almost like shooting for the moon, with the founder saying they had only a “0.000 something” percent chance of getting to where they are today. Now, the Rimac Group holds a majority stake in the Bugatti Rimac joint venture and serves as a high-voltage battery partner to BMW.From Breakdown to BreakthroughIt all started after Rimac broke his 1984 BMW E30 while racing and, instead of simply repairing it, chose to replace its engine with an electric propulsion system. He later went on to create the Concept One and assembled a small team to bring the project to life. Given the size of the company at the time, some even told him he was insane for investing in such a large building so early.What surprised Rimac wasn’t his own level of ambition, but the sheer number of people and machines needed to turn that ambition into reality. Eventually, the company introduced the Nevera, an electric hypercar with a quad-motor setup producing 1,914 horsepower. A more performance-focused version, the Nevera R, followed with an even more staggering 2,107 horsepower, enabling it to break several world records. Those numbers effectively pushed the horsepower wars into a new era, as legacy brands like Ferrari and Lamborghini had already tapped out at around 1,000 horsepower.
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