It is more than 10x the price of the Model S though. Perhaps, with time, Rimac will become a competitor to help the electric car market become more mainstream. EDIT: I kinda doubt it, though. With a price of $980,000 that's a long way to go.
Very cool indeed.
Greyp  is their mass market product. Saw one this afternoon in town, they've given a handful of Greyps to a few lucky bastards who are going to test them for a few months...
Its a cool project and Mate Rimac is a hacker type and their whole approach is somewhat unconventional with the whole company being born out of the modified m3 he had but i think the task might just be a bit too huge for them.
The car does exist, but i am skeptical that it has a really good drivability/range/handling/security concept to make it a good product. It costs around $1M and is also super heavy. It is probably more of a halo product to channel attention on their future smaller products like the greyp bike.
I've seen they've put a similar power train into the chassis of a Vauxhall VX220, so maybe that's the road they'll take with it. Although that would put them in direct competition with Tesla, so perhaps not.
Perhaps HN should apply a mild penalty to the wikipedia.org domain, the same as it does to many other sites such as stackexchange.com and theguardian.com.
(And yes I acknowledge the What to Submit guideline (HN:WTS) "Anything that good hackers would find interesting".)
I am more likely to read a Wikipedia article than I am to read either marketing material or the same info incompletely rehashed into a more subjective blog post.
I often find myself visiting Wikipedia for the real story behind HN links.
The electric motor can only be so big and more batteries just adds weight so a lighter body is the only option.
It would like a V8 gas vehicle in which the engine or gas tank couldn't be changed leaving the only option to make a lighter body.
(Ref: original title was "Europe comes with the fastest electric car")