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Bugatti-Rimac officially established

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Bugatti-Rimac established on November 1, 2021

Announcement that Bugatti and Rimac have agreed to establish a joint venture on July 5, 2021It was said that its official launch would be around the fourth quarter of 2021.

And now is the fourth quarter of 2021!

As announced, it was announced that the Bugatti-Rimac joint venture was officially established on November 1, 2021.

Bugatti-What is Rimac?

I would like to briefly summarize the contents below:

  • The CEO is Mate Rimac, the founder and CEO of Rimac. * There are places where it is written as mate in Japanese notation and places where it is a mate. Which is the actual pronunciation? ?? I don't know, so I'm a mate here.
  • The Bugatti-Rimac joint venture is based in Svetanederha, Croatia
  • Porsche AG plays a major role in positioning as a strategic partner
  • Porsche CEO Oliver Blume and CEO Lutzmeschke join the Bugatti-Rimac Audit & Supervisory Board
  • Bugatti-Rimac is owned by Rimac Group (55%) and Porsche AG (45%)
  • Within the joint venture, Bugatti and Rimac will continue to operate as independent brands and manufacturers.
  • Maintaining production bases and distribution channels in Zagreb, Croatia and Molsheim, France
  • Current Bugatti CEO Stephan Winkelmann resigned on October 31, 2021 and later became president of Lamborghini.
  • The venture's new management team will include former Bugatti Production Manager and Co-Managing Director Christoph Piocheon (Chief Operating Officer)
  • Larissa Frazier, Chief Financial Officer, was the most recent manager of digitalization and new business model development at Porsche.
  • Emilio Cervo, McLaren's chief engineer, was the chief technology officer
  • The move to the new Rimac campus, which is currently under construction at a cost of € 200 million, is planned for 2023.
  • The facility is also the site of the Bugatti-Rimac joint R & D facility, which will have 2,500 employees on a 200,000 square meter site.
  • Initially Bugatti-Rimac will start with about 300 employees in Zagreb and about 135 employees in Molsheim.

This new joint venture project in the future will further strengthen the strengths and charms of Bugatti and Rimac, so I can't imagine what will happen, but I'm looking forward to it ^^

Source:
(Official) Green light for the joint company Bugatti Rimac
(Official) Bugatti-Rimac joint venture officially launched

Related article:
Bugatti-Rimac to be established: Bugatti-Rimac
List of car groups: Which car manufacturer belongs to which group

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