Rimac takes over Bugatti from VW in powerhouse electric supercar deal

Croatian electric supercar startup Rimac announced that it was taking over Bugatti from Volkswagen to form a new company called Bugatti Rimac. The news was first reported by the Financial Times.

Bugatti Rimac will be led by Mate Rimac, who founded the company in 2009 in a garage as a one-man operation. Over that period, Rimac has become a highly desirable brand, with many legacy automakers calling upon the startup to help build their own electric supercars.

It’s not much of a question why that is. Earlier this year, Rimac released the Nevera, a quad-motor, 1,914 horsepower demonstration of electric absurdity, with a top speed of 258mph and an ability to leap to zero to 60mph in less than 2 seconds. The Nevera is expected to be the...

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