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On May 15, local time, Hyundai Kia Group announced that it would invest $90 million in Croatian electric supercar manufacturer rimac, while Rimac will provide technical support for Hyundai Kia in the development of new energy models.

The conpect ONE model unveiled by rimac at the 2016 Geneva Motor Show uses a four-motor design, carries a 82kwh battery, has a maximum horsepower of 1088 horsepower, a peak torque of 1600nm, and a top speed of up to 330KM. Richard Hammond, a famous car show host, drove the car down a cliff out of control during a shoot of Amazon's The Grand Tour show in June 2017; Richard suffered only minor injuries.

Hyundai spokesman said that this is an equity investment, but they will not disclose the proportion, while the marriage rimac Hyundai is aimed at rimac's development experience in high-performance electric vehicles. Hyundai's Gaines brand launched a high-performance GT concept model during the Shanghai auto show, when it was announced that the new model would be powered by pure electric / hybrid power.

Hyundai plans to launch more than 25 all-electric or plug-in hybrid models in 2025, ranging from compact models to luxury high-performance models. Kia, on the other hand, hopes to launch a market-oriented fuel cell model by 2020. Hyundai is one of the few companies to launch fuel cell models, including ix35/ Tusheng SUV and Nexo Compact SUV.

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