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Bugatti could soon be sold to electric hypercar specialist Rimac - report

Published Feb 24, 2021


STUTTGART - Bugatti could soon be sold to electric hypercar specialist Rimac, a new report suggests.

According to CarAdvice and Automobilwoche, Volkswagen AG board member Oliver Blume, who also heads up the Porsche brand, said that there were currently “intense deliberations” on how Bugatti could be developed in the best possible way going forward.

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"There are various scenarios with different structures,” he told Automobilwoche, and “Rimac could play a role here because the brands are a good technological fit”. He added that the future of the brand would be decided within the first half of this year.

What is Rimac?

Rimac is a Croation company that put its name on the map by creating the world’s first electric hypercar back in 2011. This initial model, the Concept One, was more recently followed up by the even more potent C_Two.

If the deal goes ahead, it would almost certainly mean an all-electric future for Bugatti, but that doesn’t mean that its hypercars will lose their manic performance edge. If anything the opposite is true. Consider that the Rimac C_Two’s four electric motors collectively produce 1408kW and 2300Nm, which is enough to get it from 0-96km/h in 1.85 seconds and from 0-160km/h in just 4.3s.

By comparison, Bugatti’s W16 petrol engine produces 1103kW and 1600Nm.

Why does VW want to sell Bugatti?

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According to the UK’s Car Magazine, the German auto giant no longer wants to throw money and resources at so-called ‘hobby brands’ that were acquired under former boss Ferdinand Piech - particularly in the wake of its massive post-Dieselgate electrification drive.

Another motivation would be to give the VW Group a bigger share in Rimac, which many have hailed as the Tesla of Europe. Porsche, which is also owned by VW, currently holds a 15.5 percent stake in Rimac, and it’s likely that Bugatti will serve as a bargaining chip to increase its share.

IOL Motoring

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