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Why the Bugatti CEO Building EVs Says Gas Engines Are Here to Stay

Summary by BMW BLOG
“The upper segment, like sports cars and upwards, are going to stay combustion for a very long time, exactly like watches.” That’s Mate Rimac, CEO of both Bugatti and his own hypercar company, telling CNBC something you wouldn’t expect from the man who spent the last decade trying to prove electric motors could beat gas engines at their own game. It gets even more interesting. Rimac’s factory in Croatia currently builds the Nevera, arguably the …
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4 Articles

The same factory produces both supercars and electric vehicles. This is the case of Croatian electric car manufacturer Rimac, which also controls legendary sports car manufacturer Bugatti.

·Vilnius, Lithuania
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The executive director of Bugatti and Rimac claims that electric cars are “for normal people” and compares the high-end segment of sports with Swiss watches.

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BMW BLOG broke the news on Friday, August 28, 2026.
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