Rimac, Porsche, and Bugatti: A strong trio
JOINT VENTURE Porsche and Rimac Automobili have signed corresponding contracts for a joint venture under the name Bugatti Rimac. Bugatti will be contributed by its current owner Volkswagen. The plan is for Rimac Automobili to hold 55 percent of the shares and Porsche 45 percent. The official launch is scheduled to take place in the fourth quarter of the current year, subject to [...]
It is planned that Rimac Automobili will hold 55 percent of the shares and Porsche 45 percent. The official launch is scheduled for the fourth quarter of the current year, subject to approval by the antitrust authorities in some countries. Bugatti will be contributed by Volkswagen, and the shares will be transferred to Porsche.
Successful electric pioneer from Croatia
Bugatti Rimac will form a hyper sports car forge - equally attractive for customers and employees. Bugatti Automobiles S.A.S. will remain at its historic headquarters in Molsheim, France, where the company was founded in 1909 (center gallery image).
With its long tradition, Bugatti should also contribute to the success of Bugatti Rimac in the future. Porsche already entered into a partnership with Rimac Automobili in 2018 and has gradually increased its stake in the young, fast-growing automotive and technology company from Croatia.
Today, Porsche holds a 24 percent stake in Rimac Automobili. Rimac is regarded as an industry pioneer - both as a technology supplier and as a manufacturer of all-electric hyper sports cars.
Together for a great passion
Mate Rimac, founder and CEO of Rimac Automobili: "This is an exciting moment in the rapidly progressing history of Rimac Automobili, and this new joint venture opens up completely new possibilities. I've always loved cars, and with Bugatti I can see where passion can lead."
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