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Bugatti Rimac joint company official with new 33yr old CEO

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Buggati, the current king of combustion engines joined with Rimac, the champion of electric hyper cars. The announcement about the Bugatti Rimac joint company was made back in July this year, however, more details are being released today about their new head quarters, CEO and other executives changes. 

The joint company will have its official base at the city of Sveta Nedelja, near Zagreb, the capital of Croatia. Stephan Winkelmann, who has been the President of Bugatti will move to his new role as the CEO of Lamborghini. While the new joint company will be led by none other than Mate Rimac, the founder, CEO, and ideologist of Rimac Automobili. The 33 year old CEO will be in good hands as Oliver Blume, chairman of Porsche, and Lutz Meschke, deputy chairman and CFO, will be joining the supervisory board of Bugatti Rimac. Board members aside, Mate Rimac has had an decorated history in the automotive industry, using an electric engine tuned by his company, he broke a series of acceleration records recognized by the FIA and the Guinness Book of Records in 2011 in addition to collaborating with other big automakers such as Porsche, Ferrari, Mercedes and more.

Mate Rimac and the Rimac Nevera

“I feel very honored to lead this new joint company as CEO and, no doubt, start a successful, revolutionary and exciting new chapter for everyone involved. I am very excited to see what impact Bugatti Rimac will have on the industry and how we will develop innovative new hyper sports cars and technologies. It’s hard to find a better combination for new and exciting projects,” Mate Rimac commented.

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The role of Bugatti Rimac President will be taken by Christophe Piochon who was the Managing Director of Production and Logistics at Bugatti, he will also be the Bugatti Rimac COO.

Bugatti and Rimac will continue to operate as independent brands with productions at Molsheim and Zagreb respectively. The Rimac Campus, which is under construction, will be the new headquarters once its completed. The joint company projects to have 435 employees, 135 will be the current Bugatti entire team at Molsheim and 300 of the rest will be based in Croatia.

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Porsche owns 45% of the Bugatti Rimac joint company and Rimac owns the controlling 55% share.

No further details about potential new products are available at the moment, though Mate Rimac promises “some truly extraordinary projects ” are coming in the future. Looking at Rimac Autimobilli’s new 2000 horse power Nevera super car, we can’t help but be excited about future electric Bugattis. 

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Dennis Mathu
Dennis Mathu
I cover motoring news, gadgets, software releases, mobile apps and enterprise systems powering corporations. Contact me at info@my.techmoran.com or dennismathu@gmail.com

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