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2 clusters · 22 sources · 4 days · First seen 16 days ago · Last updated 12 days ago

Luxury automotive market engine transition outlook

Overview

Mate Rimac, CEO of Bugatti Rimac, has projected a bifurcated automotive market where high-end supercars and hypercars continue to utilize internal combustion engines despite the mass-market transition to electric power. Rimac compared the luxury segment to the Swiss watch industry, suggesting that while electric vehicles provide functional utility, wealthy collectors will continue to value the craftsmanship and emotion of mechanical movements.

This outlook is exemplified by the Bugatti Tourbillon, a limited-production hypercar featuring an 8.3-liter naturally aspirated V16 hybrid powertrain. The vehicle, which produces a combined 1,800 hp, has already seen its 250 planned units sold, with prices starting between approximately 4.1 and 4.5 million dollars.

Entities

Bugatti · Rimac Automobili · Mate Rimac · Nintendo · Rimac

Timeline

12 days ago

[BUSINESS] 14 sources
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16 days ago

[BUSINESS] 8 sources
Mate Rimac predicts internal combustion engines will persist in the supercar market
Bugatti Rimac CEO Mate Rimac predicts the luxury supercar market will remain focused on internal combustion engines, comparing high-end performance cars to traditional Swiss mechanical watches.

Sources

autogaleria.pl · billboard.com · congnghe.vn · diningandcooking.com · globalnews.ca · gmtoday.com · heavyharmonies.com · hiconsumption.com · ilrestodelcarlino.it · insideevs.fr · insidehook.com · it.motor1.com · lifehacker.com · macworld.com · manofmany.com · monacoinsider.com · stylecaster.com · stylist.co.uk · supercarblondie.com · techadvisor.com · total-croatia-news.com · variety.com