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Bugatti Rimac is a joint venture headquartered in Sveta Nedelja, Croatia, known for the car brands Bugatti and Rimac. [2] The two brands were united under the business decision of Porsche, giving control of Bugatti to Mate Rimac and in return receive more share in Rimac Group, which includes Rimac Technology, a company that develops batteries and powertrains.
The newly formed Rimac Group will be the majority shareholder with a 55% stake in Bugatti Rimac, while Porsche AG will hold the remaining 45% stake, as well as a 24% stake in Rimac Group. [9] The formation of Bugatti Rimac d.o.o. took place in the fourth quarter of 2021. [3]
Rimac's first car was a converted 1984 BMW M3 called the Rimac e-M3, nicknamed the "Green Monster" by the designers working for the company. With a 0–100 km/h (62 mph) acceleration achieved in 3.3 seconds, it earned the title of fastest-accelerating electric vehicle in Category A, Group VIII (electric vehicle) and Class 3 (over 1,000 kg) in 2011.
Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global EV components ...
The joint venture between Croatian electric carmaker Rimac and Bugatti has been far more profitable than anticipated as the two brands work on developing vehicles together under one roof, Rimac's ...
CEO Mate Rimac says the Chiron replacement will have "not one part carried over from any car," and adds Bugatti will have engines for "the foreseeable future."
Mate Rimac (born 12 February 1988) [1] is a Croatian innovator and entrepreneur. [2] [3] [4] He is the founder and CEO of the Rimac Group, a business which includes Bugatti Rimac – composed of the Bugatti Automobiles and Rimac Automobili brands – as well as Rimac Technology, a supplier of technology to automotive brands.
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