Apple Car expected to shake up auto industry in Asia and world

BEIJING — Global information technology leader Apple is highly likely to break into the automobile sector. The American company is reportedly planning to create self-driving electric vehicles manufactured by an automaker under a tie-up agreement using a business model similar to its iPhone production. A potential Apple Car, if realized, is thought certain to affect the competitive landscape of the… Continue reading Apple Car expected to shake up auto industry in Asia and world

Sony reveals more details on its secretive Vision-S sedan

Sony’s Vision-S prototype sedan, one of the biggest surprises at CES last year, didn’t fade away after the tech trade show ended. The Vision-S is back in a series of new videos released by Sony during 2021 CES, which kicked off Monday. Two videos show the Vision-S prototype driving on a private track and then… Continue reading Sony reveals more details on its secretive Vision-S sedan

Magna CEO on what’s next for the auto industry

Magna’s new CEO Swamy Kotagiri on what’s next for him and the auto industry. Video Transcript ADAM SHAPIRO: Swamy Kotagiri is joining us right now. And there’s a lot going on in the US automotive industry. But your company, it’s more than just parts. It’s the technological expertise, and the software, and the different kinds… Continue reading Magna CEO on what’s next for the auto industry

Fisker plots “radical” electric pick-up to take on Tesla Cybertruck

Fisker CEO Henrik Fisker posted the above render on Twitter. Fisker has revealed that it is considering a “radical” pick-up bodystyle for its next production vehicle, following the 2022 Ocean electric SUV – and has previewed how it could look. Sharing a render of the firm’s mooted second model on Twitter, Fisker CEO Henrik Fisker said the new electric… Continue reading Fisker plots “radical” electric pick-up to take on Tesla Cybertruck

Magna Expands With Fisker: Secures Full ADAS System Business

Complements EV platform sharing, vehicle engineering and manufacturing cooperationDelivers complete set of ADAS features and unique suite of software packagesIncludes first-to-market digital imaging radar technologyAURORA, Ontario, Jan. 04, 2021 (GLOBE NEWSWIRE) —  Magna today confirmed that it is collaborating with Fisker to develop an Advanced Driver Assistance System (ADAS), which will be applied to the… Continue reading Magna Expands With Fisker: Secures Full ADAS System Business

New Year Brings New CEO for Magna

21-year company veteran Swamy Kotagiri takes the helm at MagnaFormer Magna President and CTO blends strategic vision, leadership capabilities and technical expertiseAURORA, Ontario, Jan. 04, 2021 (GLOBE NEWSWIRE) — Last October, Magna’s Board of Directors announced the appointment of Swamy Kotagiri as Magna’s next Chief Executive Officer, effective January 1, 2021. Today, Kotagiri begins his… Continue reading New Year Brings New CEO for Magna

LG Electronics and Magna International to Set up $1 Billion Joint Venture to Make Electric Car Gears

LG Electronics and Magna International, a Canadian automotive parts manufacturer, have agreed to set up a joint venture that will make electric car gears. Magna International is a top six ranked automotive parts manufacturer in the world based on sales and possesses different autonomous driving technologies and platforms.According to Bloomberg on Wednesday, their joint venture… Continue reading LG Electronics and Magna International to Set up $1 Billion Joint Venture to Make Electric Car Gears

LG Electronics signs $1bn EV parts venture with Canada’s Magna

SEOUL (Financial Times) — LG Electronics will spin off part of its electric vehicle components business and set up a $1 billion joint venture with Canada’s Magna International — a deal that is aimed at capturing a bigger share of the fast-growing global EV parts market and which lifted its shares by nearly one-third. The South… Continue reading LG Electronics signs $1bn EV parts venture with Canada’s Magna

Rimac to Produce Up to Four C_Two Electric Hypercars Each Month From 2021

Rimac to Produce Up to Four C_Two Electric Hypercars Each Month From 2021

22 Dec 2020, 10:05 UTC ·
by

Aurel Niculescu

Home > News > Industry

There are quite a few all-electric supercars that mesmerized us in recent years, from the record-setting NIO EP9 to Tesla’s promised second-generation Roadster. Not to mention the Pininfarina Battista, the Lotus Evija, and countless little startups that promise the entire (electrified) world and almost never deliver.
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There’s one company from Croatia who already proved itself, though. It’s Rimac Automobili, which initially appeared to be just one of those automakers that needed to be taken with a (heavy) does of salt. That was until they succeeded in producing and delivering the Concept_One.
With that success in the pocket, they set out for the ambitious goal of demonstrating they’re not one of those one hit wonders. That’s where the C_Two comes into play, another fully electric hypercar that was revealed to the world since 2018.
2021 is now being labeled by the company as the year of the production-series model’s introduction. Before that happens, there are still some intermediate steps to be taken, though. Rimac has now announced that its new production line created at its Veliko Trgoviše, Croatia-based facility has started the build process for a pre-series of six C_Two units.
Unlike the previous 12 experimental and validation prototypes – which were mainly used for testing, validation, and crash tests – these new examples “are basically production-spec C_Twos, with a fit and finish, drivability, and reliability that is nearly production-ready.”
These units are another step closer to the final series-production model and will be used to incorporate modifications as needed or according to issues found during the “homologation tests, durability tests, trim experimentation, NVH tweaking, and global product evaluation.”
Interestingly, Rimac also details a bit its new production line, which has cut down the production time needed for assembly in half to around eight weeks. Of those, five weeks include actual work on the car and another three of preparation, during which time components are created in-house and delivered to the final assembly line.
More so, the company says that everything has been custom designed to make sure that all components can be fitted quickly (including the 120-kWh battery pack and powertrain, both designed and built by Rimac) and to high standards. The plans are to churn out up to four C_Two units per month once series-production is in full swing.

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