Rimac wants to buy a bit of Bugatti - should they do it?
Would you want that to happen?
Reports have been circling around that EV car giant Rimac wants to buy Bugatti from VW in exchange for some shares. Whether this is true or not we don't know but it sounds possible.
Rimac are supposedly after 15% of Bugatti and will presumably use their EV powers to enhance the Bugatti, if that is at all possible.
VW Group is apparently looking to unload Bugatti to Rimac via Porsche, in exchange for a larger piece of the EV supercar brand. Porsche currently owns a 15.5% share in Rimac. It's all very complicated but that's how it currently stands.
However, according to certain sources, VW executives have already approved the deal, although the group’s supervisory board has yet to sign off according to Car Magazine.
This deal may make a lot of sense for all parties involved as VW could be looking to own as much as 49% of Rimac which would dramatically further its EV range. And then Rimac would receive the Bugatti brand and with it the infrastructure would be able to dramatically further its EV supercar range.
It's all very up in the air but developments are being made and it could lead to some very exciting projects. But then there is also the debate that Bugatti is Piech's baby and to see it go electric could be seen as a shame. Comment your thoughts down below!
Should VW give up a bit of Bugatti to Rimac?