Entrepreneur Mate Rimac: My Only Mistake Was Paying Attention to Others

Lauren Simmonds

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As Poslovni Dnevnik/Darko Bicak writes, Rimac Automobili has raised a massive 250 million euros in capital so far, and although they are now considering new options, no decisions have been made yet, said Mate Rimac when discussing a recent announcement from the German media that Rimac Automobili is going public and that their estimated value is raised capital of about five billion euros.

Croatian entrepreneur Mate Rimac was a guest at the recently held regional Adria conference Auto2030 organised by the Swiss School of Business and Management Geneva (SSBM), which was held in a hybrid form from Zagreb with online presence from the capital cities of neighbouring countries – Ljubljana, Sarajevo and Belgrade.

Mate Rimac said that after 10 years of his company’s existence, he came very close to the goal he set a long time ago – to have a plant from which one car will be able to be made daily, and at the same time that trucks and wagons of batteries, components and parts will go out to customers from there every day.

“One thing I blame myself for now is that I paid too much attention to what others were doing and talking about and then adjusted myself and my plans to that. The Concept_One was a dead end and the Nevera project is just what makes sense now and what we should have started working on right away,” said Rimac.

Talented entrepreneur Mate Rimac sees the future of motoring through autonomous vehicles, with ownership being different because customers will “buy” kilometres, and not the vehicles themselves, which will be continually owned by their operators. He expects that existing car manufacturers will continue to be serious players, but no longer the biggest and most important ones.

“Today we have a situation where most people live and work in bigger cities, in the future, people’s places of residence will be completely irrelevant, which will then affect many other things – 60 percent of the police today are related to work involving traffic control, airports generate a significant share of income from parking, there is a large network of car distributors who sell and maintain cars today, and who knows what that will all be like in the future and who some new players will end up being,” said Rimac.

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