Porsche Creates Electric Supercar Maker

-

 Bugatti-Rimac Joint Venture

                                        Source:  Bugatti Chiron

                                        Source:  Rimac Nemera

Source: Rimac Nemera


Future of Electric Supercars

Seismic moves in the global supercar world.  VW has handed over control of its storied supercar brand Bugatti to Porsche, which VW owns.  Porsche, in turn, is creating a new supercar joint venture - Bugatti-Rimac.  Rimac is a Croatian based company that specializes in state of the art, electric supercars that some automotive experts consider magnificent.  The financial structure of the JV is interesting.  Rimac will have a 55% stake in the JV.  Porsche will own 24% of Rimac and own a 45% stake in the JV.  And, the new entity will be headquartered in Croatia with 430 employees.  Also, both Rimac and Bigatti will continue to exist as separate entities.

Porsche's Automotive Strategy

Porsche's strategy is to combine Rimac's innovation in electric mobility with Bugatti's expertise in hypercars.  Porsche CEO Oliver Blume says Bugatti is bringing to the JV iconic products, loyal customers, global dealership distribution and an historic, iconic brand.  Rimac is a powerful upstart that is demonstrating global leadership in developing powerful, electric, zero emissions hypercars like its Nemera.  The new JV company will be headquartered in Croatia with 430 employees.  The new company will start building Bugatti's Chiron and Rimac's acclaimed Nemera.  

Comments

Post a Comment

Popular posts from this blog

New Electric Surfboard from Sweden

-
Image
  Surfing With No Waves Needed, Anytime of Year                                                                                Source:  Awake Surfboard Can Hit 36 MPH Sweden-based Awake has developed a powerful electric surfboard that can hit speeds of 36 mph.  It can accelerate from 0 to 30 mph in just 4 seconds.  The Ravik S 22 electric surfboard is able to surf on any body of water any time of year including on snowy winter days.  And, it doesn't need waves to surf! It provides an extreme surfing ride, developed by an award-winning surfboard company. Tech Specs The e-board is powered by a 12-kW brushless motor.  The motor has three speed settings and three throttle sensitivity modes.  It has a wireless speed contr...
Read more

Electric, New MG Cyberster Sports Car

-
Image
  China's SAIC Revolutionizes the Historic British MG Brand                                              Source:  MG Cyberster Electric MG Sport Car Concept Becomes a Reality The legendary sports car company MG was founded in the 1920's in Oxford, England. It enjoyed a long history of creating iconic MG, 2 seat sports cars. It is now China owned and China based, acquired a few years ago by SAIC Motors.  The new MG has a fabulous concept car the Cyberster.  It's an all electric sports car that was recently introduced at the Shanghai 2021 Motor Show.  MG just announced the vehicle is going from concept and into production.  MG calls it the "world's first purely electric e-sports cockpit".  The design of this electric vehicle is sleek, futuristic and highly styled with a wide grill that is a throwback to the original MGB a...
Read more

Extreme Electric Surfboard

-
Image
  Surfing With No Waves Needed, Anytime of Year                                                                                Source:  Awake Surfboard Can Hit 36 MPH Sweden-based Awake has developed a powerful electric surfboard that can hit speeds of 36 mph.  It can accelerate from 0 to 30 mph in just 4 seconds.  The Ravik S 22 electric surfboard is able to surf on any body of water any time of year including on snowy winter days.  And, it doesn't need waves to surf! It provides an extreme surfing ride, developed by an award-winning surfboard company. Tech Specs The e-board is powered by a 12-kW brushless motor.  The motor has three speed settings and three throttle sensitivity modes.  It has a wireless speed contr...
Read more