Bugatti and Croatian electric supercar maker Rimac to combine in joint venture
By
Peter Valdes-Dapena, CNN Business
Published Jul 6, 2021 10:18:39 AM
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(CNN) Volkswagen Group and Porsche have agreed to create a new joint venture that combines Rimac, a Croatian company that makes electric supercars, with Bugatti.
The new company will be called Bugatti-Rimac and will make both Bugatti and Rimac cars. Bugatti, like Porsche, is part of the Volkswagen Group. Porsche also owns a stake in Rimac.
Bugatti-Rimac will be based in Zagreb, Croatia, not far from Rimac s current headquarters. Bugatti, meanwhile, will continue to build cars in its current home of Molsheim, France, according to an announcement from Porsche. It will continue to operate as a separate car brand although Bugatti and Rimac will jointly develop new Bugatti models, the announcement said.
Bugatti and Croatian electric supercar maker Rimac to combine in joint venture
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Bugatti and Croatian electric supercar maker Rimac to combine in joint venture
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