Bugatti will soon no longer be owned by the Volkswagen Group. The new owner, Mate Rimac, is a relatively unknown manufacturer of electric super sports cars from Zagreb.
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It had been in the air for some time that Volkswagen wanted to get rid of Bugatti and the name of a possible new owner was also mentioned. But to many, it seemed impossible that an electric car builder from Croatia would be able to take over the entire company.
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That will not happen either, because Bugatti and Rimac are going to form a new company called Bugatti Rimac. Founder Mate Rimac will be in charge of the new company and will own 55 percent of the shares. The other 45 percent goes to Porsche.
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Porsche
The German sports car brand has even more stakes in Rimac, as it has great confidence in its vision and products ‘Elon Musk of the Balkans’. And so Porsche already owns 24 percent of Rimac itself. There are more shareholders, but here too Mate Rimac is the main shareholder.
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The joint venture will produce two hypercar models: the Bugatti Chiron and the all-electric Rimac Nevera. There is also reportedly a hybrid version. All Bugatti models will continue to be produced at the brand’s factory in Molsheim, France. In total, about 430 employees will work in Molsheim and Zagreb.
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