June 15, 2021

Alice-in-chains

Automotive forever

VW Thinking about Sale of Bugatti to Rimac, Croatian EV Hypercar Corporation

Stories from several resources out of Europe point to a Bugatti sale to Croatian automaker Rimac in the in close proximity to foreseeable future. The information are but to be confirmed by the related events, but the rumors are powerful. And the massive takeaway here is that the potential appears to be to be electric powered.

Reuters is reporting the essentials of the rumor in question: Rimac, the eponymous business from founder Mate Rimac, desires to acquire Bugatti from the Volkswagen Team. More than the many years, Volkswagen has acquired quite a few providers and folded just about every into the team umbrella—consider Lamborghini and Ducati, for example. Bugatti seems to be a crown jewel, but perhaps it truly is not so core to the Group’s enterprise than its superlative status would indicate.

Rimac, in case you are not common, builds electrical hypercars these as the Idea 1. But an at any time-expanding aspect of its company is supplying EV abilities to other companies, these types of as Koenigsegg, Aston Martin, and Porsche, the latter of which is especially essential to this tale. Porsche is, of system, element of the Volkswagen Team, and the extraordinary Taycan electrical sporting activities car indicators the company’s desire in EV efficiency. Porsche also retains a tiny but considerable stake in Rimac.

Porsche and Rimac envision a development partnership, with Rimac taking more of a function as a provider of elements and skills to the broader industry—and Porsche in specific.

In light of the current romance, the British publication Vehicle speculates that Bugatti will go to Rimac whilst Porsche will get a larger stake in the Croatian organization. This certainly seems like a plausible explanation as to how VW will elegantly dispose of the French hypercar manufacturer whilst getting one thing definitely useful for its even more development in the EV segment.

We questioned the appropriate events for comment and obtained a range of “no remark” responses. Nonetheless, a Bugatti spokesperson extra the adhering to: “In this extremely unusual yr 2020 with all its troubles, we are absolutely concentrated on navigating Bugatti via the COVID-19 pandemic. After owning posted positive outcomes around the very last two many years, we are presently on observe to even exceed final year’s history final results.” If we hear something further more, we are going to let you know.