Rimac Automobili, an automobile manufacturing company established in 2009 in Sveta Nedelja, Croatia, grew out of its founder Mate Rimac's garage hobby.
The company's primary objective was to build the world's first electric sports car, starting, as Rimac put it, "with a blank sheet of paper".
Since electric systems for high-performance electric cars were not available on the market, the company developed the necessary parts in-house and patented 24 innovations.

When Mate Rimac's 1984 BMW 3 series blew its internal combustion engine while participating in a race, the opportunity was taken to convert it into an electric car.
Working on his own, Rimac managed to fit a 442 kW (601 PS; 593 hp) electric powertrain in his 3 series, which would soon become the company's first test mule.
The car, now called the "Green Monster", set five Fédération Internationale de l'Automobile (FIA)-sanctioned acceleration records in April 2011.
This attracted the attention of the media and potential investors.
Rimac also converted several other BMW 3 series (E30) cars into electric cars after some customers expressed interest in having such a car seeing the success of Rimac's car, and after some success, he moved to the more ambitious project of developing a car of his own.
As a result, the electric sports car named the Concept One was born.

The Concept One was introduced at the 2011 Frankfurt Motor Show, and afterwards shown at the 2012 Paris Concours d'Elegance, where it received a positive response by the general public and potential customers.
The car was set to cost US$ 980,000 once the serial production started in 2013.
A limited production of 88 units was to be offered.
The first car was delivered to an anonymous Spanish customer in January 2013.

Rimac participated at the 2015 Pikes Peak International Hill Climb with a 1,100 kW (1,500 PS; 1,500 hp) highly customised version called the E-Runner Concept_One.
The vehicle took second place overall competing against ICE vehicles.
The driver was the multiple Pikes Peak winner Nobuhiro Tajima.

After a series of incremental improvements, the final version of the car was presented at the March 2016 Geneva Motor Show.
In 2017, the Concept One participated at the Goodwood Festival of Speed for the first time, breaking the EV speed record on a timed track.
Rimac Automobili, an automobile manufacturing company established in 2009 in Sveta Nedelja, Croatia, grew out of its founder Mate Rimac's garage hobby. The company's primary objective was to build the world's first electric sports car, starting, as Rimac put it, "with a blank sheet of paper". Since electric systems for high-performance electric cars were not available on the market, the company developed the necessary parts in-house and patented 24 innovations.
When Mate Rimac's 1984 BMW 3 series blew its internal combustion engine while participating in a race, the opportunity was taken to convert it into an electric car. Working on his own, Rimac managed to fit a 442 kW (601 PS; 593 hp) electric powertrain in his 3 series, which would soon become the company's first test mule. The car, now called the "Green Monster", set five Fédération Internationale de l'Automobile (FIA)-sanctioned acceleration records in April 2011. This attracted the attention of the media and potential investors. Rimac also converted several other BMW 3 series (E30) cars into electric cars after some customers expressed interest in having such a car seeing the success of Rimac's car, and after some success, he moved to the more ambitious project of developing a car of his own. As a result, the electric sports car named the Concept One was born. 
The Concept One was introduced at the 2011 Frankfurt Motor Show, and afterwards shown at the 2012 Paris Concours d'Elegance, where it received a positive response by the general public and potential customers. The car was set to cost US$ 980,000 once the serial production started in 2013. A limited production of 88 units was to be offered. The first car was delivered to an anonymous Spanish customer in January 2013. 
Rimac participated at the 2015 Pikes Peak International Hill Climb with a 1,100 kW (1,500 PS; 1,500 hp) highly customised version called the E-Runner Concept_One. The vehicle took second place overall competing against ICE vehicles. The driver was the multiple Pikes Peak winner Nobuhiro Tajima.
After a series of incremental improvements, the final version of the car was presented at the March 2016 Geneva Motor Show. In 2017, the Concept One participated at the Goodwood Festival of Speed for the first time, breaking the EV speed record on a timed track.
Rimac Concept One