Automakers

Rimac explains why Bugatti no longer fits within VW

Mate Rimac with Rimac Nevera
"The easiest thing for us would be to take the Nevera [shown] and slam a Bugatti logo on it and call it a day. But I was against it," Rimac Group CEO Mate Rimac said.
February 20, 2022 07:00 AM

Mate Rimac likes to say that Volkswagen, Porsche and Hyundai have invested hundreds of millions of euros in his education. He plans to use that to create new-generation Bugatti hypercars without spending billions as well as electric powertrains and battery systems that can be sold at high volumes. Rimac, who turned 34 this month, explained why Bugatti, despite being profitable, no longer was the right fit within the VW Group. He also shared the reason for the Rimac Nevara supercar's delay, outlined the high cost of the chip crunch and revealed why his new R&D center near Zagreb, Croatia, will not have fences in an interview with Automotive News Europe Managing Editor Douglas A. Bolduc.

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