Rimac Technology, the Rimac Group's engineering division, will become a standalone entity dedicated to developing EV technology for the Croatian hypercar maker and third-party manufacturers.
The Rimac Group now consists of two companies: Bugatti Rimac – created when Rimac and French hypercar firm Bugatti merged last year – and Rimac Technology.
The Rimac Group owns 100% of Rimac Technology and a majority stake of 55% in Bugatti Rimac, with the remaining 45% owned by Porsche.
Rimac Technology will expand its operations in engineering, development and production of high-performance battery systems.
