How Mate Rimac, Bugatti’s New 33-Year-Old CEO, Took the (Electric) Hypercar World by Storm

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How Mate Rimac, Bugatti’s New 33-Year-Old CEO, Took the (Electric) Hypercar World by Storm
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How this 33-year-old wunderkind is changing how hypercars are made.

, Mercedes and Rimac’s fellow auteur Christian von Koenigsegg. Porsche and Hyundai are not only customers but also investors with significant equity stakes, and Pininfarina likes the Nevera so much that it’s using the car as the basis of its new 1,877 hp Battista. His business has grown so fast that Rimac simply hasn’t had time to get his own hypercar on sale until now.

The Rimac campus, set to be completed in 2023 outside the Croatian capital of Zagreb, will be the company’s global headquarters. Rimac is putting only his hypercar-making business into the new joint venture. His fast-growing operation supplying high-performance EV power trains and other equipment to the global carmakers is a separate business:, solely owned by Rimac Group. Only 150 Neveras will be made, and Bugatti currently builds fewer than 100 cars each year.

Even by the hyper-compressed standards of the young entrepreneurs remaking the modern world, this has been a wild few months for Mate Rimac. First the launch of the Nevera in June, then the Bugatti announcement in early July and, later that same month, marriage to his childhood sweetheart. Then a tour of the US, starting in Los Angeles and Pebble Beach in August, to meet not only customers for his $2.

Rimac liked cars as much as gadgets and bought a battered BMW 3 Series, as it was the cheapest way to get a rear-wheel- drive car that he could race and drift. His best friend, Goran, inadvertently gave a multibillion-dollar business its start when he blew the BMW’s engine, prompting its 20-year-old owner to combine his two passions and replace the gas engine with an electric motor.

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