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05 July 2021, 08:07 pm
Bugatti Rimac has recently been formed and merged to create new electric vehicle supercars under the Volkswagen Group, but can still manufacture cars separately. What took place here is that Rimac is taking control of the car brand which was a partnership deal with Porsche, which is known to be a brand under Volkswagen.
The new venture would not defeat the purpose of Rimac s rising popularity in the electric vehicle industry, as they can continue their previous direction of an electric hypercar that rivals Tesla.
Rimac s Partnership with Porsche Gains Bugatti
(Photo : Porsche)
Porsche has recently announced its joint venture with Rimac, where instead of creating one model of a production vehicle, the German brand is giving the EV company stakes on its Bugatti brand. Rimac will take over Bugatti and have access to its engineering, manufacturing, research & development, and a whole lot more for this venture.