Rimac takes on Tesla in electric vehicle premium market Mate Rimac will lead the new company. As CEO of Rimac Group, he will run both Bugatti Rimac and the new division, Rimac Technology. Bugatti and Rimac will both continue as separate respective brands, retaining existing production facilities and distribution channels, Rimac said. 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.
Rimac, which recently unveiled the Nervera, will retain 100% ownership of its electric powertrain and battery development as part of the partnership