As Poslovni Dnevnik writes, the incredible news of the Mate Rimac Bugatti deal has reached the eyes and eyes of the world’s media and attracted even more recognition for this Livno-born entrepreneur who is schooling the government in how investments are attracted, following a huge cash injection from no less than Porsche.
CNN states that the Volkswagen Group and Porsche have agreed to create a new company that merges Rimac Automobili, a Croatian company based in Sveta Nedelja near Zagreb that produces electric supercars, with the famous Bugatti.
The CNN article states that Rimac has so far specialised in developing technology for electric cars, including batteries. According to CNN, companies such as Jaguar, Aston Martin and the Swedish supercar manufacturer Koenigsegg are among Rimac’s well known clients. The publication also cites Rimc’s collaboration with the Italian Pininfarina, a company that was once known for designing for Ferrari.
The Financial Times describes the Mate Rimac Bugatti deal as “a deal that cements Rimac’s position as an established force in the automotive industry,” Index reports.
The fact that Bugatti will be controlled by an electric car specialist is a big step forward for Bugatti, a company known for its loud hypercars and 16-cylinder engines. The fact that the takeover is by someone from Croatia is astonishing to most, as the country is far from known for even dipping its feet into the car world, at least until Mate Rimac put it on the map.
Advances in battery technology have led to speeds beyond the reach of even the most advanced vehicles powered by internal combustion engines, according to the Financial Times, following the example of Rimac’s amazing Nevera, which should be the fastest production car ever produced.
According to the Financial Times, Rimac said that by the end of the decade, Bugatti will produce a fully electric car, but until then it will focus on hybrid models.
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