Hyundai did not respond to Automotive News about what the sources revealed. On the other hand, Rimac said it has “two active high-level projects ongoing” with the Korean carmaker, one that is already completed, and that they are discussing other stuff.
One of them is supposed to be the Hyundai Ioniq 5 N. The FCEV project was previewed by the Vision FK concept presented in September 2021 – anyone waiting for a hotter version of the NEXO will be disappointed.
There’s no information on whether the completed project would be the high-performance EV or which are these two ongoing projects. It seems that the Vision FK concept will never see the light of day. If it does, it will not be with Rimac’s help.
To reinforce that things have not changed, the Croatian company told Automotive News that Hyundai has been very supportive of the changes it has undergone in the past 12 months, such as becoming Bugatti Rimac thanks to its partnership with Porsche.
Considering the level of information these sources shared with Automotive News, we do not doubt to hear all this confirmed in a matter of weeks. For Rimac and its intentions of being a provider of parts and expertise in high-performance EVs, that can be bad news unless the idea is to concentrate on exclusive electric vehicles from now on. It may also focus on helping Porsche sell them at a lower price. We’ll soon see.