Very recently, we witnessed the creation of the greatest hypercar company in the world, as Bugatti Automobiles and Rimac Automobili joined forces. And as official UK dealer to both brands, H.R. Owen is delighted to bring you the details. This new company, Bugatti Rimac d.o.o, represents a fusion of leading automotive minds.
Mate Rimac will lead the new company as CEO of Rimac Group and of Bugatti Rimac – both Bugatti and Rimac will continue as separate respective brands, retaining existing production facilities and distribution channels. Bugatti Rimac represents the company that will develop the future of both Bugatti and Rimac vehicles, by joining resources and expertise in research and development, production and other areas.
As part of the deal, the newly-formed Rimac Group will be the major shareholder in Bugatti Rimac, with a 55% stake. Mate Rimac will retain his original shareholding in Rimac Group at 37%, with Porsche at 24%, Hyundai Motor Group doing the same at 12% and other investors at 27%.
In the new developments, Rimac splits into two businesses: Rimac Automobili will focus on the production of hypercars, while Rimac Technology develops components for OEMs. Both will now fall under the broader Rimac Group. Both elements of the business work in perfect harmony, with developments in Rimac Automobili for the most advanced electric hypercars in the world flowing very naturally into the work undertaken at Rimac Technology.
Equally, this very deliberate division of the businesses gives each one a renewed focus. Dedicated teams will be able to accelerate the production of Rimac’s all-electric Nevera and future hypercar developments, while the Rimac Technology team look to solely develop and deliver the very best electrified components to OEMs all over the world.
In an industry evolving at ever-increasing speed, flexibility, innovation and sustainability remain at the very core of Rimac’s operations. The Croatian-based brand has proven that it can not only keep up, but be the trailblazer, setting the performance and technological benchmark for others. Uniting Rimac’s technical expertise and lean operations with Bugatti’s 110-year heritage of design and engineering prowess, represents a fusion of leading automotive minds.
Mate Rimac, Founder and CEO of Rimac Automobili said, “This 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. As a young, agile and fast-paced automotive and technology company, we have established ourselves as an industry pioneer in electric technologies. With the Nevera, we have also proven that we can develop and manufacture outstanding hypercars, that are not only fast, but also exciting and high-quality. Bugatti, with over a century of experience in engineering excellence, also possesses one of the most exceptional heritage of any car company in history.
“We have just launched our latest hypercar – the Nevera – to universal global acclaim. So I can’t begin to tell you how excited I am by the potential of these two incredible brands combining knowledge, technologies and values to create some truly special projects in the future.”