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The team at Rimac Automobili continues to showcase why its all-electric Nevera hypercar is the fastest production EV on the planet – garnering the latest lap record at the world-renowned Nürburgring track. To celebrate the feat, Rimac has unveiled a limited-edition “Time Attack” version of the Nevera you can see below alongside a video of the record-setting lap.

Since 2009, Rimac Automobili has continued to develop and deliver some of the most exciting and technologically advanced electric hypercars in the world. Rimac’s first EV, the Concept_One, was introduced in 2016 and is considered one of the world’s fastest production vehicles at the time, although its production consisted of a mere eight vehicles.

It was followed by the Concept_Two in 2018, which eventually evolved into its production form – the Nevera – for which Rimac promised a larger scale of production of 150 units estimated to cost $2.4 million each. Steep, yes, but you can demand that level of pricing when you’re offering one of the fastest vehicles in the world.

Nevera deliveries are now underway, but nine months ago, Rimac was already chasing world records in the EV. Not to be outdone, Rimac wowed us this past May by verifying another 23 performance records in a single day – a record in itself – proclaiming its Nevera as “the ultimate record-breaking hypercar.”

Now, The Rimac team has one more and quite significant record plaque to add to its trophy case, taking the production EV crown at Nürburgring.

Rimac sells out all 12 Nevera EVs following latest record

Rimac Automobili confirmed today that the Nevera has officially broken the existing Nürburgring lap record for a production EV by 20 seconds. The record-breaking lap was driven by Croatian racer Martin Kodrić and was verified by independent timing data, TÜV SÜD, and onboard telemetry. The official time was 7:05:298. Kodrić spoke:

We had challenging weather conditions during our practice sessions this week and have chosen what seems like one of the hottest days on the track this summer to set a lap time. However, a 7:05:298 lap time at the Nürburgring Nordschleife is commendable. The fact that the Nevera can achieve this kind of speed on track, when it’s been developed to be a comfortable hyper GT for the road, is what makes it so special. It’s such a well-rounded piece of engineering and design; gentle and usable in the city, thrilling to drive on twisting B-roads, comfortable over long distances and devastatingly fast on a race track.

Across the pond in Monterey, California, the Rimac team commemorated its latest record by unveiling a limited-production-run version of the Nevera at the Quail, a Motorsports Gathering. A mere 12 examples of the Time Attack Nevera will be built at Rimac’s production facility in Zagreb, and all of them are already spoken for. The first went to customer and Cali local Jeff Miller today.

The Time Attack features bespoke paintwork and a customer choice between Squadron Black or a bare carbon fiber base. As you can see in the image above, the underside of the rear wing reads, “Dedicated to those coming after us.” Each unique hypercar also features “Time Attack” stitching on the seat backs and an engraved “Time Attack” plaque numbered one through twelve. Rimac founder and CEO Mate Rimac spoke:

In many ways the Nevera has reinvented the world of the hypercar, bringing new technologies, new abilities and new levels of performance. But the simplest way we can demonstrate its capabilities is to go out and break records. And that’s exactly what we’ve done in 2023 time and again. The Nevera Time Attack is a Limited Edition that celebrates the achievements of the past year, wearing a bespoke livery inspired by the car that set of each of them. Built in a series of 12, each has already been spoken for by our customers keen to capture their very own part of performance car history. And it’s only August, too, so there’s plenty of time for more records to be broken…  

Rimac Automobili has posted the Nevera’s record-setting lap for you to view below.

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Troubling times for Tesla, Nissan, and Dodge – plus some fun yellow stuff!

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Troubling times for Tesla, Nissan, and Dodge – plus some fun yellow stuff!

Tesla’s Q2 results are in, and they are way, way down from Q2 of 2024. At the same time, Nissan seems to be in serious trouble and the first-ever all-electric Dodge muscle car is getting recalled because its dumb engine noises are the wrong kind of dumb engine noises. All this and more on today’s deeply troubled episode of Quick Charge!

We’ve also got an awesome article from Micah Toll about a hitherto unexplored genre of electric lawn equipment, a $440 million mining equipment deal, and a list of incompetent, corrupt, and stupid politicians who voted away their constituents’ futures to line their pockets.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

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Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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OpenAI says Robinhood’s tokens aren’t equity in the company

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OpenAI says Robinhood's tokens aren't equity in the company

Jaque Silva | Nurphoto | Getty Images

OpenAI is distancing itself from Robinhood‘s latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe.

“These ‘OpenAI tokens’ are not OpenAI equity,” OpenAI wrote on X. “We did not partner with Robinhood, were not involved in this, and do not endorse it.”

The company said that “any transfer of OpenAI equity requires our approval — we did not approve any transfer,” and warned users to “please be careful.”

Robinhood announced the launch Monday from Cannes, France, as part of a broader product showcase focused on tokenized equities, staking, and a new blockchain infrastructure play. The company’s stock surged above $100 to hit a new all-time high following the news.

“These tokens give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood’s ownership stake in a special purpose vehicle,” a Robinhood spokesperson said in response to the OpenAI post.

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Robinhood offered 5 euros worth of OpenAI and SpaceX tokens to eligible EU users who signed up to trade stock tokens by July 7. The assets are issued under the EU’s looser investor restrictions via Robinhood’s crypto platform.

“This is about expanding access,” said Johann Kerbrat, Robinhood’s SVP and GM of crypto. “The goal with tokenization is to let anyone participate in this economy.”

The episode highlights the dynamic between crypto platforms seeking to democratize access to financial products and the companies whose names and equity are being represented on-chain

U.S. users cannot access these tokens due to regulatory restrictions.

Robinhood hits record high as OpenAI, SpaceX go on-chain

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BYD launches new discounts, offering +50% off smart driving tech

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BYD launches new discounts, offering +50% off smart driving tech

Despite the warnings, BYD continues introducing new discounts. On Wednesday, BYD’s luxury off-road brand began offering over 50% Huawei’s smart driving tech.

BYD introduces new discounts on smart driving tech

After BYD cut prices again in May, the China Automobile Manufacturers Association (CAMA) warned that the ultra-low prices are “triggering a new round of price war panic.”

Although they didn’t single out BYD, it was pretty obvious. BYD slashed prices across 22 of its vehicles by up to 34%, triggering several automakers to follow suit in China.

BYD’s cheapest EV, the Seagull, typically starts at about $10,000 (66,800 yuan). After the price cuts, the Seagull is listed at under $8,000 (55,800 yuan).

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It doesn’t look like China’s EV leader plans to slow down anytime soon. Fang Cheng Bao, BYD’s luxury off-road brand, introduced new discounts on Huawei’s smart driving tech on Wednesday.

The limited-time offer cuts the price of Huawei’s Qiankun Intelligent Driving High-end Function Package to just 12,000 yuan ($1,700).

BYD-new-discounts
BYD Fang Cheng Bao 5 SUV testing (Source: Fang Cheng Bao)

Buyers who order the smart driving tech in July will save over 50% compared to its typical price of 32,000 yuan ($4,500).

Earlier this year, Fang Chang Bao launched the Tai 3, its most affordable vehicle, starting at 139,800 yuan ($19,300). The Tai 3 is about the size of the Tesla Model Y, but costs about half as much.

BYD-Tai-3-electric-SUV
BYD Fang Cheng Bao Tai 3 electric SUV (Source: Fang Cheng Bao)

The Tai 3 will spearhead a new sub-brand of electric SUVs following the more premium Bao 8 and Bao 5 hybrid SUVs.

BYD’s luxury off-road brand sold 18,903 vehicles last month, up 50% from May and 605% compared to last year. Fang Cheng Bao has now sold over 10,000 vehicles for three consecutive months.

The Chinese EV giant sold 382,585 vehicles in total in June, an increase of 12% from last year. In the first half of the year, BYD’s cumulative sales reached over 2.1 million, a YOY increase of 33%.

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