• Porsche and Rimac Confirm New Joint Venture with Bugatti, called Bugatti Rimac

    3 monthes ago - By Zero 2 Turbo

    Yesterday the rumours were confirmed and we can now welcome Bugatti Rimac .
    Porsche and Rimac Automobili have finalized the plans to establish a new joint venture including Bugatti, named Bugatti Rimac. The two companies‘ CEOs Oliver Blume and Mate Rimac signed the relevant contracts, establishing the share split in Bugatti Rimac with 55 percent being held by Rimac Automobili and 45 percent by Porsche.
    The formation of the joint company is due to take place in the fourth quarter of 2021, subject to the approval of antitrust authorities in several countries. Bugatti will be brought into the...
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  • Bugatti And Rimac Enter Into Joint Venture Will Be Called Bugatti-Rimac

    Bugatti And Rimac Enter Into Joint Venture Will Be Called Bugatti-Rimac

    3 monthes ago - By Auto Savvy

    Rimac Group will hold a majority stake , with Porsche getting the remaining shares on behalf of the VW Group. The two brands will continue to build and badge their products separately for now. An electrified Bugatti and a hybrid hypercar could be on the cards. It's official, and Rimac Automobili have agreed to form a joint venture called Bugatti-Rimac. This is huge news as it'll combine Rimac's electric prowess with Bugatti's tenacity to make speed demons. Mate Rimac, founder and CEO of Rimac Automobili, will act as the CEO of the joint venture, with the Rimac Group holding the majority...
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