Automoto Network

Croatia-based Rimac purchased a controlling stake in Bugatti in July 2021. While some worried that the tie-up would lead to badge-engineering, the company has confirmed that the Chiron’s successor will not be merely an existing EV dressed in a swanky French suit. “The easiest thing for us would be to take the Nevera, slam a […] March 02, 2022 at 02:08AM

Mate Rimac is used to being the underdog. At the Geneva auto show in 2009, the then-21-year-old Croat walked to the Koenigsegg booth looking for his idol, Christian von Koenigsegg. In those pre-YouTube-saturation years, Rimac didn’t know what the namesake of his favorite car brand looked like. And no one knew him. So he approached […] August 22, 2021 at 08:30PM

Volkswagen solved its Bugatti problem by merging the French carmaker with Croatia-based Rimac. Both companies will face the regulatory challenges of the 2020s together, but hastily putting the Chiron out to pasture and lazily resorting to badge engineering isn’t an option, according to the man in charge of the newly-formed group. “I’m a car guy. […] July 06, 2021 at 07:15PM

FRANKFURT — Croatian electric hypercar producer Rimac is investigating a few alternatives for its future, a representative for the gathering said in light of a report laying out plans for a first sale of stock next year. Germany’s Manager Magazin reported that Rimac, in which Volkswagen’s Porsche unit claims a 24% stake, was arranging an IPO […] June 17, 2021 at 06:03PM