{"id":12802,"date":"2021-11-02T09:05:03","date_gmt":"2021-11-02T13:05:03","guid":{"rendered":"https:\/\/autosector.com\/auto\/?p=12802"},"modified":"2021-11-02T09:05:03","modified_gmt":"2021-11-02T13:05:03","slug":"1134042_new-company-bugatti-rimac-starts-operations","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=12802","title":{"rendered":"New company Bugatti Rimac starts operations"},"content":{"rendered":"

The new company Bugatti Rimac was officially launched on Tuesday, only four months after it was first announced<\/a>.<\/p>\n

Bugatti Rimac is a joint venture between Porsche and Rimac Group to oversee the running of the Bugatti and Rimac car brands.<\/p>\n

Porsche, a member of the Volkswagen Group, which previously oversaw the running of Bugatti, owns 45% of the new Bugatti Rimac joint venture, with Rimac Group owning the remaining 55%. Porsche also owns 22% of Rimac Group, as indicated in the shareholder structure detailed below.<\/p>\n

Rimac Group CEO and founder Mate Rimac is CEO of the joint venture, with the permanent headquarters to be part of Rimac Group’s expansive technology campus<\/a> under construction in Zagreb, Croatia.<\/p>\n

\"Rimac<\/p>\n

Rimac Group shareholder structure<\/p>\n<\/div>\n

Also on the team is Emilio Scervo. The former chief engineer for mid-engine projects at Aston Martin, Ferrari and McLaren has been appointed chief technology officer at Bugatti Rimac.<\/p>\n

Despite the consolidation, Bugatti and Rimac will continue to act as independent brands and retain their respective production sites in France and Croatia, as well as their respective sales channels.<\/p>\n

Bugatti Rimac currently has around 435 staff, including 135 at the Bugatti plant in Molsheim, France, and 180 at a VW Group development center in Wolfsburg, Germany.<\/p>\n

The launch of Bugatti Rimac comes as Rimac prepares to start production of its Nevera electric hypercar<\/a>, while Bugatti fills the last of its build slots<\/a> for the 500-car run of W-16-powered Chirons. Despite partnering with an electric-vehicle technology company, Bugatti won’t abandon the internal-combustion engine just yet. Both hybrid and pure electric models are planned within this decade, with the first pure electric Bugatti likely to be a second model line. Previous Bugatti CEO Stephan Winkelmann, currently CEO of Lamborghini, has hinted at a crossover of some sort for the second model line.<\/p>\n","protected":false},"excerpt":{"rendered":"

The new company Bugatti Rimac was officially launched on Tuesday, only four months after it was first announced. Bugatti Rimac is a joint venture between Porsche and Rimac Group to oversee the running of the Bugatti and Rimac car brands. Porsche, a member of the Volkswagen Group, which previously oversaw the running of Bugatti, owns […]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-12802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/12802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12802"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/12802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12802"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}