Bugatti, on the other hand, has been part of the Volkswagen group for several years, but in the coming years it will focus on more down-to-earth cars and electrification. Hence the idea that the luxury brand, together with Porsche (which also has capital ties to Volkswagen), was taken over by Rimac and created a new company - Bugatti Rimac, Rimac has a 55% stake in this venture.
Rimac was only established in 2009, and its boss and founder, Mate Rimac, is only 33 years old. However, this did not prevent him from taking over the French brand Bugatti, which has a history of 110 years. Thanks to a joint investment with Porsche, the Croats will now be responsible for the future of Bugatti.
Rimac is taking advantage of the electric revolution
If you don’t know Rimac, I encourage you to read about what their latest product, Nevera, can do . In short, it is a supercar equipped with 4 electric motors with a power of 1914 HP, 4-wheel drive, batteries with a capacity of 120 kWh and allowing for acceleration to 100 km / h in less than 2 seconds.
However, the history of this brand began 10 years ago, when the first electric drives began to be built in Mate Rimaca’s garage.
Back then it was still a fad, and Tesla was not taken seriously. Over time, however, it turned out that the idea of
the Croatians made sense, and the technology they developed began to gain great interest. Currently, interests in the company include Volkswagen and Hyundai, and Rimac helped create electric drives for brands such as Aston Martin and Jaguar.
Bugatti, on the other hand, has been part of the Volkswagen group for several years, but in the coming years it will focus on more down-to-earth cars and electrification. Hence the idea that the luxury brand, together with Porsche (which also has capital ties to Volkswagen), was taken over by Rimac and created a new company – Bugatti Rimac, Rimac has a 55% stake in this venture.
And Porsche 45%, although ultimately it is a German company by the fact also owning shares in Rimac, is the majority shareholder. Mate Rimac, however, as the head of the new group, is to have independence in managing its future and has already announced that he does not intend to give up the internal combustion engines in Bugatti.
So if you were trembling about the future of the V-16 engine in Chiron, then you have nothing to fear, this project is unlikely to change. Rimac, however, has its own idea for the Bugatti brand, which includes an all-electric model as well as the use of hybrid drives. The Bugatti, however, is to focus primarily on luxury and this is to stand out from supercars sold under the Rimac brand.
The factory in France will continue to operate, and its employees will be able to create cars of the highest class, especially in terms of quality of workmanship. Between the lines you can read that the new Bugatti do not have to be the fastest cars on the market. We will probably find out how it will be in a few years’ time.
At the same time, the Rimac Group company was established, which will deal with what it has earned the best so far, i.e. creating solutions for other companies in the automotive industry. The entire research and development department will be located in Croatia at the headquarters in the city of Kerestinec, which is currently under construction.
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And we can only envy the Croats that in just 10 years they managed to appear in the minds of people interested in the automotive industry and create cars that are desired by thousands, if not millions, of people around the world.
source: FT
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