Bugatti & Rimac Form New Company — Legendary Brands Come Together To Develop Future Cars

Bugatti and Rimac have joined hands to create a new automotive company named Bugatti Rimac d.o.o. The newly formed Bugatti Rimac d.o.o will be a limited liability company and it is expected to start operations as early as 2023.

Bugatti & Rimac Form New Company — Legendary Brands Come Together To Develop Future Cars

Never did we in our wildest imagination think any kind of partnership will spawn between Bugatti and Rimac Automobili. Bugatti is one of the oldest and most prestigious brands in the old-school internal combustion engine-powered automotive world while Rimac is a disruptive newcomer in the world of hypercars that exclusively specialises in electric powertrains.

Bugatti & Rimac Form New Company — Legendary Brands Come Together To Develop Future Cars

Despite having vastly different backgrounds and reputations, both brands have come together and have caught us all by surprise. As mentioned earlier, the operations of the newly formed company will commence by 2023, and the majority stake of 55% will be owned by Rimac Group. As a result, the headquarters of the Bugatti Rimac will be located in Croatia.

Bugatti & Rimac Form New Company — Legendary Brands Come Together To Develop Future Cars

The new headquarters of Bugatti Rimac is built on one lakh square metres of land and over 200 million euros will be spent on it for development. This newly formed company will develop and spawn future vehicles for both Bugatti and Rimac by combining their resources and expertise in research, development, production, and other areas.

Bugatti & Rimac Form New Company — Legendary Brands Come Together To Develop Future Cars

Despite the new alliance, both Bugatti and Rimac will continue to operate separately in their respective headquarters, production facility and sales outlet as two separate and individual brands.

Bugatti & Rimac Form New Company — Legendary Brands Come Together To Develop Future Cars

Thoughts On Bugatti & Rimac Forming A New Company To Develop Future Vehicles

This new partnership will benefit both companies, as Bugatti will gain knowledge on Rimac's next-gen technology that is not only kinder to the environment but also packs quite a punch. Rimac on the other hand will benefit from Bugatti's vast expertise in building high-speed vehicles and it will also be an opportunity for Rimac to extend their elite client base via Bugatti.

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Read more on: #bugatti #rimac
Article Published On: Wednesday, July 7, 2021, 19:57 [IST]
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