Croatia's Rimac says Nevera sets EV speed world record

"Nevera’s top speed of 412 kph or 258 mph is not something one does every day," Rimac said on its Facebook profile.

This summer, Rimac Automobili said it could start deliveries of Nevera to customers from the US and the European Union following respective regulatory approvals.

At the beginning of June, Rimac Group said it raised 500 million euro ($520 million) in Series D financing, valuing the company at over 2 billion euro, with Mate Rimac remaining the largest shareholder.

The funds will be primarily used to further develop its fully-owned technology arm Rimac Technology as it commences large-volume series production for global original equipment manufacturers, using the expertise gained from developing the Nevera hypercar.

The Rimac Group is the majority shareholder in ultra-luxury and high-performance hypercar manufacturer Bugatti Rimac, with a 55% stake. German sports car maker Porsche owns the remaining 45%.

In November 2021, Rimac successfully completed the merger of Rimac’s hypercar division – Rimac Automobili – with Bugatti Automobiles. Both brands now operate under the Bugatti Rimac company.

($=0.962 euro)