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Bugatti Rimac

Bugatti Rimac is a multinational automotive company specializing in the design, development, and production of luxury hypercars that integrate cutting-edge electric and hybrid powertrains with exceptional performance and craftsmanship. Formed in November 2021 through the merger of the French luxury marque Bugatti Automobiles and the Croatian electric vehicle pioneer Rimac Automobili, the company represents a fusion of over a century of Bugatti's heritage in high-speed engineering and Rimac's expertise in battery technology and electrification. Headquartered across facilities in Sveta Nedelja, Croatia, and Molsheim, France, Bugatti Rimac employs hundreds of engineers and artisans dedicated to pushing the boundaries of automotive innovation. The formation of Bugatti Rimac stemmed from a strategic announced in July 2021 between Group and AG, with the Group acquiring a majority 55% stake and the remaining 45%. This partnership was designed to secure Bugatti's future amid Group's divestiture of the brand, combining 's agile innovation in electric hypercars—rooted in its founding in 2009—with Bugatti's storied legacy dating back to 1909. Under the leadership of as CEO, the company began operations with 435 employees split between its Croatian and French sites, emphasizing collaborative development of next-generation vehicles. Bugatti Rimac's portfolio highlights its dual focus on performance and sustainability, featuring models like the all-electric Rimac Nevera, which delivers over 1,900 horsepower and set numerous electric vehicle speed records upon its 2021 debut, and the hybrid Bugatti Tourbillon, introduced in 2024 with an 8.3-liter naturally aspirated V16 engine supplemented by three electric motors for a combined output exceeding 1,800 horsepower. These hypercars, hand-built in limited production runs, embody the company's mission to create "incomparable products and experiences" by advancing aesthetics, dynamics, and electrification in the ultra-luxury segment. As of 2025, Bugatti Rimac continues to innovate, with ongoing projects exploring advanced aerodynamics, materials, and power systems to redefine hypercar excellence. In October 2025, CEO Mate Rimac announced negotiations to buy out Porsche's 45% stake, aiming for full control by 2026.

History

Formation and merger

On July 5, 2021, , through its subsidiary AG, and Croatian manufacturer announced the formation of a named Bugatti Rimac, integrating the brand into the new entity to leverage combined strengths in development. The agreement aimed to merge Rimac's advanced technology and prowess with 's legacy of luxury design and performance, enabling the creation of innovative future models that blend electrification with high-end craftsmanship. The key contracts establishing the joint venture were signed by Porsche CEO and Rimac Automobili founder and CEO , setting the ownership structure with Rimac Group holding a 55% stake and Porsche AG owning 45%. At the time, Rimac Group's ownership was distributed as follows: with 37%, Porsche with 24%, with 12%, and other investors comprising the remaining 27%. Bugatti Rimac officially commenced operations on November 2, 2021, with its headquarters located in Sveta Nedelja, Croatia, and an initial workforce of approximately 435 employees—300 based at the Croatian site and 135 at Bugatti's facility in Molsheim, France. This foundational setup positioned the company to advance hypercar innovation by uniting complementary expertise under a unified structure.

Initial operations and expansions

Following the formal establishment of the Bugatti Rimac in November 2021, the company initiated collaborative research and development efforts in 2022 focused on next-generation hypercars, leveraging Rimac's expertise and Bugatti's internal combustion heritage to explore powertrains and advanced . This included the of a €200 million, 100,000-square-meter technology campus near , , which began operations in 2024 as the central hub for joint innovation on future models from both brands. Early operations emphasized seamless knowledge transfer, with teams from Bugatti's Molsheim facility in integrating design and engineering workflows with Rimac's Croatian technology center to accelerate prototyping and testing. The transition from Group's oversight presented initial challenges, including supply chain disruptions from global shortages that forced design modifications and delayed component sourcing for ongoing projects in late 2021 and early 2022. Despite these hurdles, the achieved operational autonomy by mid-2022, enabling independent decision-making on vehicle development while maintaining 's production base in and Rimac's assembly lines in . This integration fostered cross-border collaboration, such as shared battery and powertrain simulations, to blend craftsmanship with Croatian engineering precision. By 2024, Bugatti Rimac had expanded significantly, culminating in the announcement of the Bugatti Tourbillon on June 20, which marked the first major vehicle fully developed under the joint venture's leadership and signaled a shift toward naturally aspirated V16 engines paired with electric assistance. The company's workforce grew rapidly, reaching over 1,300 employees across Rimac Group entities by October 2025, driven by hiring in , software, and to support scaled production and R&D demands. In 2025, key milestones underscored the venture's momentum, including active participation in in August, where Bugatti Rimac showcased historic and contemporary models alongside bespoke coachbuilt concepts at events like The Quail and Pebble Beach Concours d'Elegance. Earlier that year, on January 16, the Bugatti Home Collection debuted in at Maison&Objet In The City, introducing a line of luxury furniture and decor inspired by the brand's 115-year of and . Additionally, Rimac had delivered approximately 50 units of the Nevera electric hypercar as of mid-2024, reflecting steady but slow demand despite market shifts toward hybrid options. In October 2025, confirmed ongoing talks to purchase Porsche's 45% stake in Bugatti Rimac, potentially consolidating full ownership under the Rimac Group. These developments highlighted Bugatti Rimac's growing global presence and diversification beyond automotive production.

Corporate structure

Ownership and shareholders

Bugatti Rimac operates as a between the Rimac Group and AG, with the Rimac Group holding a majority stake of 55% and AG owning the remaining 45% as of 2025. Within the Rimac Group, founder maintains the largest individual shareholding at 35%, followed by at 22%, at 11%, and a combination of investors including accounting for the remaining 32%. The was established in November 2021 following the transfer of from full ownership under the to AG, which then contributed the brand to the new entity alongside . In October 2025, initiated negotiations with AG to acquire its 45% stake in Bugatti Rimac for approximately $1.2 billion, aiming to achieve full control of the company by 2026; as of November 2025, the negotiations are ongoing. If completed, this buyout would consolidate ownership entirely under the Rimac Group, allowing for streamlined decision-making and a stronger emphasis on development to align with Rimac's technological expertise.

Organizational divisions and facilities

Bugatti Rimac operates through two primary divisions: Bugatti Automobiles S.A.S., which focuses on the development and production of luxury hypercars and is headquartered in Molsheim, France, and Rimac Automobili, centered on electric vehicle technology and high-performance hypercars, based in Sveta Nedelja, Croatia. The provides oversight for these subsidiaries, ensuring coordinated management of the and brands while preserving distinct production lines and operational independence for each. Technology functions as a separate arm under the broader Rimac Group, specializing in the engineering and supply of components to external partners, and operates independently from Bugatti Rimac's core activities. Key facilities include the Croatian in Sveta Nedelja, which houses as well as production for vehicles and employed over 300 staff upon the company's formation in 2021, and the French site in , dedicated to vehicle assembly with more than 130 employees at that time, contributing to a total workforce of approximately 435. By 2025, Bugatti Rimac had expanded its operations, including the completion of phase one of the new Rimac Campus near , —a 75,000-square-meter advanced and R&D facility designed to support assembly, prototyping, and future scalability for over 2,500 personnel—alongside an upgraded in that doubles Bugatti's production capacity.

Leadership and governance

Executive team

The executive team at Bugatti Rimac leads the company's strategic direction, blending innovation with luxury heritage. As of November 2025, the team is headed by , who serves as CEO of Bugatti Rimac while also holding the positions of Founder and President of the broader Rimac Group. Mate Rimac, a Croatian entrepreneur born in 1988, founded in 2009 at the age of 21 in a garage near , initially converting his own E30 into an to pioneer high-performance technology. Under his leadership, the company has grown into a global leader in electric hypercars, emphasizing sustainable mobility and advanced battery systems. was appointed CEO of Bugatti Rimac upon its formation in November 2021, guiding the integration of Rimac's expertise with Bugatti's iconic design and performance legacy. His vision centers on accelerating the electric future of luxury automobiles, as demonstrated in projects like the Bugatti , which combines a naturally aspirated with electric motors for over 1,800 horsepower while paving the way for fully electric successors. In 2025, has led negotiations to acquire Porsche's 45% stake in Bugatti Rimac, aiming for full control to unify the brand under a singular electrification strategy. Overseeing the Rimac Group—which encompasses Bugatti Rimac—is CEO Antony Sheriff, appointed in November 2024 to handle operational and financial scaling, allowing to focus on . Sheriff brings extensive expertise from his tenure as CEO of (2010–2013), where he spearheaded the launch of the MP4-12C and P1 supercars, and prior roles at in sales and marketing. His background in luxury automotive finance and operations has been instrumental in Rimac Group's expansion, including a €500 million Series D funding round in 2022. Key supporting executives include Peter Bednarik, appointed of Rimac Group in May 2025, who manages financial strategy and mergers amid rapid growth; Bednarik's prior experience in automotive and M&A supports production scaling. Matthias Wich, as Chief Strategy & Investment Officer, drives corporate development and investor relations, contributing to Bugatti Rimac's roadmap through strategic investments in components and partnerships. The leadership structure evolved significantly in 2024 with Sheriff's appointment to bolster group-wide operations, followed by Bednarik's addition in to enhance financial resilience as Bugatti Rimac targets production of next-generation models like the electric successor to the . This team strengthening positions Bugatti Rimac for sustained innovation in the luxury EV segment.

Strategic partnerships

Bugatti Rimac's strategic partnerships extend beyond equity investments to include collaborative ventures that enhance engineering capabilities and market reach. In 2021, AG formed a with Rimac Group to incorporate Bugatti, providing strategic oversight through its representatives on the , including Chairman and Deputy Chairman Lutz Meschke, who guide the company's direction in development. This partnership facilitates shared technology and engineering expertise, with leveraging Rimac's electric mobility innovations to support Bugatti's future models while contributing its own heritage to joint projects. Hyundai Motor Group acquired a 12% stake in Rimac Group in 2019 through an €80 million investment, establishing a technical partnership focused on high-performance electric vehicle battery technology and prototypes, including fuel-cell electric vehicles. The collaboration involved joint development of EV components until 2022, when active projects were discontinued amid Rimac's deepening ties with Porsche, though the stake remains in place. Additional capital for expansion has come from investors such as and InvestIndustrial. In 2022, Rimac Group secured €500 million in a Series D funding round led by SoftBank Vision Fund 2 and , valuing the company at over €2 billion and supporting scaled production and technology advancements. Separately, InvestIndustrial committed €120 million to Rimac Group that year, enabling further growth in sustainable automotive innovation. Non-automotive alliances have diversified 's luxury portfolio, notably through a partnership with Luxury Living Group for the Bugatti Home Collection, which debuted in at Maison&Objet In The City from January 16-20, 2025. This collaboration produced furniture inspired by Bugatti's 115-year heritage, including sofas, tables, and exclusive sculptures, marking an extension into high-end design. Rimac Technology, a key division, engages in supply partnerships that indirectly bolster Bugatti Rimac's ecosystem by advancing component expertise. Since 2015, it has provided battery packs and powertrain components to for models like the Regera, alongside supplies to other manufacturers such as and . These relationships enhance Rimac's technological leadership, benefiting the joint venture's and electric initiatives through proven scalability.

Products and models

Bugatti vehicles

Under the stewardship of Bugatti Rimac, Bugatti continues to produce hypercars that epitomize extreme performance and opulent craftsmanship, building on a legacy of excellence since the brand's in 1987. The current lineup emphasizes limited-production models powered primarily by advanced internal combustion engines, often augmented by electric assistance in newer designs, while prioritizing record-breaking speeds and personalized luxury. These vehicles are hand-assembled at the Bugatti facility in , , where customization allows owners to tailor nearly every element, from materials to , ensuring each car is a unique artifact. The , introduced in 2016, served as the cornerstone of the modern era until production concluded in 2024. Powered by an 8.0-liter quad-turbocharged , it delivered up to 1,600 (1,578 hp) in its Super Sport variants, propelling the car to a top speed of 420 km/h (261 mph) in standard form. A specially modified Chiron Super Sport 300+ achieved a of 304.773 mph (490.484 km/h) in 2019, underscoring Bugatti's pursuit of automotive extremes. Limited to 500 units across all variants, the Chiron blended ferocious acceleration—0-100 km/h in 2.4 seconds—with a carbon-fiber for structural integrity and lightweight agility, all while offering extensive personalization options like custom paint and interior leathers. Its design, featuring sharp LED headlights and quad exhausts, evoked the brand's heritage, making it a symbol of unattainable velocity and refinement. Succeeding the as an open-top variant, the debuted in 2023 and remains in production as of 2025, with deliveries commencing early that year. This retains the Chiron's 8.0-liter W16 quad-turbo engine tuned to 1,600 , enabling a top speed exceeding km/h and a verified open-top record of 453.91 km/h (282.05 mph) set in November 2024. Restricted to 99 units, the Mistral emphasizes exhilaration through its removable roof panel and aerodynamic sculpting, including active rear wing deployment for stability at high speeds. Owners can specify unique elements such as diamond-encrusted accents or heritage-inspired liveries, aligning with Bugatti's tradition of turning each vehicle into a rolling of . Looking ahead, the Tourbillon, unveiled in June 2024, represents the brand's shift toward hybrid propulsion while honoring its combustion roots, with customer deliveries slated to begin in 2026. It features a naturally aspirated 8.3-liter producing 1,000 hp, integrated with three electric motors (two at the front axle and one at the rear) for a combined system output of 1,800 PS (1,775 hp). The powertrain drives all four wheels via an eight-speed , targeting a top speed of 445 km/h (276 mph) with an emphasis on seamless delivery from the electric components. Planned for 250 units at a starting price of €3.8 million (net), the Tourbillon's dihedral door design and titanium exhaust system highlight its focus on sensory experiences, including a rev-happy engine note up to 9,000 rpm, while bespoke options extend to integrated audio systems and personalized chassis tuning. Bugatti's vehicles under Rimac ownership maintain a core emphasis on luxury hypercars that push speed boundaries, as evidenced by records like the Chiron's 304 mark and the Mistral's open-top achievement, while customization ensures unparalleled exclusivity—over 80% of recent models feature owner-specified modifications. This approach positions as a purveyor of not just transportation, but engineered icons that blend raw performance with artisanal detail.

Rimac vehicles

Rimac Automobili, under the management of Bugatti Rimac, specializes in developing high-performance all-electric hypercars that push the boundaries of electric vehicle technology and speed records. The company's vehicles emphasize pure electric innovation, focusing on advanced powertrains and chassis dynamics to achieve unprecedented acceleration and track performance. Since the formation of the Bugatti Rimac joint venture in 2021, Rimac's production has scaled up, with deliveries accelerating to meet global demand for limited-edition electric supercars. The , unveiled in 2011 as the company's prototype , laid the groundwork for Rimac's expertise. This quad-motor produced 1,088 horsepower and achieved a top speed of 217 mph, demonstrating early innovations in integration and that influenced subsequent models. Although only 8 units were produced between 2013 and 2018, the Concept One established Rimac as a pioneer in electric engineering, with its carbon-fiber and liquid-cooled P85 packs setting performance benchmarks for the industry. The Rimac Nevera, introduced in 2021, represents the pinnacle of Rimac's current production lineup and is the brand's flagship all-electric hypercar. Powered by a quad-motor setup delivering 1,914 horsepower, the Nevera accelerates from 0 to 60 mph in 1.74 seconds and reaches a top speed of 256 mph. It has set over 40 performance records, including the fastest production car 0-60 mph time and the quickest quarter-mile run at 8.25 seconds. Production is limited to 150 units, with approximately 50 delivered as of mid-2024 and deliveries ongoing from Rimac's facilities in Croatia. The vehicle's lightweight carbon-fiber construction and advanced aerodynamics contribute to its track prowess, enabling lap times competitive with internal combustion engine hypercars. In 2025, launched the Nevera R, a track-optimized variant designed for circuit dominance. This evolution features enhanced aerodynamic elements, including a larger rear wing and dive planes, generating 400 kg (882 lbs) of at 217 mph (350 km/h), while maintaining the core quad-motor tuned to 2,107 horsepower. The Nevera R prioritizes handling and , with upgraded and systems. In July 2025, it set 24 performance records, including a new top speed of 268.2 mph (431.45 km/h) and 0-400-0 km/h in 25.79 seconds. Limited to 40 units, it underscores Rimac's commitment to electric vehicles that excel in both straight-line speed and cornering precision.

Technology and innovation

Electric powertrain developments

Rimac's electric developments center on high-performance systems and multi-motor configurations designed for extreme power delivery and efficiency in hypercars. Since the company's founding in , Rimac has prioritized advancements in (EV) components, leveraging in-house engineering to create scalable technologies that integrate seamlessly into vehicles like the Nevera. These innovations emphasize liquid cooling for thermal management, high-voltage architectures, and precise power distribution to achieve unprecedented performance metrics. A cornerstone of Rimac's is its liquid-cooled packs, which utilize advanced chemistries such as lithium manganese nickel for optimal and discharge rates. The Nevera employs a 120 kWh pack with a 730V maximum voltage, comprising 6,960 cylindrical 21700-format cells arranged in an H-shaped structural configuration that enhances rigidity while minimizing weight at 727 kg. This design enables sustained high-power output, contributing to the vehicle's verified top speed of 258 (412 /). The liquid cooling system maintains cell temperatures under extreme loads, preventing thermal throttling during prolonged high-performance runs. Complementing the battery, Rimac's quad-motor setup features four independent permanent magnet synchronous motors—one per wheel—delivering a combined 1,914 (1,408 kW) and 2,340 Nm of . This all-wheel-drive architecture incorporates the proprietary Rimac All Wheel Torque Vectoring (R-AWTV) system, which uses algorithms and sensors to adjust distribution up to 100 times per second, optimizing traction and without mechanical differentials. The result is sub-2-second , with the Nevera achieving 0-60 in 1.74 seconds (with one-foot rollout) through precise, vectoring that enhances cornering and braking . Power density has evolved significantly across Rimac's models, reflecting iterative improvements in cell chemistry, packaging, and inverter efficiency. The Concept_One's battery pack, introduced in 2016, delivered 1,000 kW peak power from an 82 kWh capacity, setting early benchmarks for EV hypercar performance. By the Nevera, this advanced to 1,408 kW from a 120 kWh pack, representing a roughly 40% increase in specific power while improving energy retention and thermal stability. These gains stem from proprietary optimizations in electrode materials and cooling integration, allowing higher continuous discharge rates without compromising longevity. Rimac's portfolio underpins these developments, with 1,183 patents granted globally as of 2023, focusing on battery management, , and . More than 2,000 employees across Rimac Technology and Bugatti Rimac divisions dedicate efforts to systems innovation, building on the company's origins in to amass expertise in high-voltage architectures and safety protocols. This IP forms the basis for Bugatti Rimac's technological edge, ensuring proprietary control over core components. In a B2B context, Rimac Technology licenses its powertrain solutions to original equipment manufacturers (OEMs), enabling scalability beyond hypercars. Partnerships include supplying battery packs and inverters to , , and , as well as a long-term collaboration with BMW Group announced in 2024 for next-generation battery development. These agreements leverage Rimac's validated high-performance tech to support production-scale , with components integrated into vehicles from multiple global brands.

Hybrid systems and future projects

Bugatti Rimac represents a fusion of high-performance internal and cutting-edge , with systems serving as a bridge between the brands' legacies. The leverages Rimac Technology's expertise in and electric development to create architectures that enhance Bugatti's hypercars while maintaining their emotive driving character. This approach prioritizes seamless integration of and electric , enabling superior performance, efficiency, and reduced weight compared to pure internal predecessors. The Bugatti Tourbillon exemplifies 's hybrid innovation, unveiled in 2024 with production limited to 250 units starting deliveries in 2026. Its combines an 8.3-liter naturally aspirated , developed in collaboration with , producing 1,000 horsepower and 664 lb-ft (900 Nm) of torque at 9,000 rpm, with three s contributing an additional 800 horsepower for a total system output of 1,800 horsepower and approximately 1,696 lb-ft (2,300 Nm) of torque. The rear-mounted V16 integrates with an 8-speed and a single 250 kW electric motor capable of 24,000 rpm, while a front e-axle features two independent electric motors, each driving a front wheel for precise torque vectoring. Powering the system is a 25 kWh T-shaped lithium-ion battery pack with over 1,500 oil-cooled cells, operating at 800 volts and enabling more than 60 km of electric-only range. The entire rear powertrain assembly weighs 430 kg, contributing to the Tourbillon's low center of gravity, improved aerodynamics, and a top speed exceeding 445 km/h. Rimac Technology supplied the battery management system, meeting ASIL D safety standards, and the high-density e-axle, ensuring rapid charging and regenerative braking capabilities. Beyond the Tourbillon, Bugatti Rimac is advancing hybrid technologies for broader applications, including supply partnerships with OEMs like Porsche, where Rimac provides battery packs for models such as the 911 GTS T-Hybrid. This scalability draws from the Tourbillon's engineering, aiming to mass-produce high-voltage hybrid components for enhanced EV adoption across luxury and performance segments. Internally, the company is developing next-generation hybrids that blend new combustion engines with electric augmentation, focusing on "blowing away" competitors through superior power density and emotional engagement. Looking ahead, 's future projects emphasize hypercars as successors to the , with a new model in development that incorporates an entirely fresh platform and , avoiding shared components with existing vehicles. This successor, targeted for release in the coming years, will uphold Bugatti's heritage of luxury and craftsmanship while integrating advanced to achieve unprecedented performance benchmarks. In 2025, CEO announced negotiations to acquire Porsche's 45% stake in the joint venture, potentially granting Rimac Group full control and enabling a unified vision for and electric innovations across both brands. These efforts position Bugatti Rimac to lead in sustainable high-performance , with ongoing R&D in battery chemistry and to support future models.

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