Rimac's joint venture with Bugatti is profitable 'beyond expectations,' CEO says.
As a reminder, Rimac owns 55 percent of Bugatti, with the other 45 percent owned by Porsche. Additionally, Porsche itself owns 24 percent of Rimac. Rimac says it's developed a"really close strategic relationship" with the German sports car maker.
The Croatian CEO added that Rimac should focus on developing a stable business with sustained profitability before it can go public like Ferrari and Porsche.
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