SIN Cars was founded as SIN Cars Limited by the Bulgarian engineer and racing driver Rosen Daskalov in Great Britain in 2012. In 2015, the company started production of road-legal sportscar Sin R1. This vehicle features a 6.2-litre V8 engine, producing 444 bhp and can reach 62 mph in 3.5 seconds. The company moved its headquarters to Munich, Germany and finally to Ruse, Bulgaria.
Sin R1 at Goodwood 2014
In November 2018 it announced plans to finance expansion into the electric-cars market with Daskalov saying "Our goal is to sell a multifunctional small city car which will be used for courier deliveries, taxi services, transportation. European cities need this kind of transport. City centers will soon be closed for diesel cars. China is far ahead of us, but we can offer better quality."