Car changing is a big deal
Bugatti Rimac d.o.o has been created as a merger between Bugatti and Rimac, with both hypercar firms to operate independently of each other but work together on future technologies.
- Bugatti and Rimac partner to create new company
- Bugatti Rimac d.o.o to develop future technologies
- Could spawn range of future electric hypercars
- Rimac takes majority stake, along with Porsche investment
Bugatti and Rimac are partnering to create one hypercar mega-company, with both firms to team up on future technologies.
The creation of Bugatti Rimac d.o.o will see the two continue to operate separately from each other while putting their creative and technical minds together to develop future technologies.
Bugatti will continue to build the Chiron (and various special-edition versions, such as the Centennario) while Rimac will continue production of the electric Nevera hypercar.
A statement from Porsche regarding the partnership eludes 鈥楯ointly developed Bugatti models are planned for the longer term.鈥
Bugatti and Rimac could team up to create a ballistic electric hypercar, as imagined in the render below, though they may expand to producing a wider range of EV platforms for use in-house or for other manufacturers.
Rimac will take a 55% stake in the company as majority shareholders, with Porsche (Bugatti鈥檚 fellow VW Group member) taking the remaining 45% (alongside the 24% stake Porsche already holds in Rimac.)
Founder of Rimac, Mate Rimac, will become chief executive officer of the new company which will be based from a new headquarters in Croatia, at the recently-announced Rimac Campus.
Speaking on the announcement, Rimac himself said: 鈥淭his is a truly exciting moment in the short, yet rapidly expanding history of Rimac Automobili. We have gone through so much in such a short space of time, but this new venture takes things to a completely new level. Rimac and Bugatti are a perfect match in terms of what we each bring to the table.鈥
Oliver Blume, Porsche AG chairman of the executive board, added 鈥淲e are combining Bugatti鈥檚 strong expertise in the hypercar business with Rimac鈥檚 tremendous innovative strength in the highly promising field of electromobility.
鈥淏ugatti is contributing a tradition-rich brand, iconic products, a loyal customer base and a global dealer network to the joint venture. In addition to technology, Rimac is contributing new development and organisational approaches.鈥
Don鈥檛 expect to see any results of this partnership anytime soon, it鈥檒l be a few years yet before we see any hypercar spawned from this new company, though it could prove earth-shattering when it does arrive.
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