Croatia’s standing in the car industry rests on one company. Rimac, founded at Sveta Nedelja near Zagreb in 2009, builds the Nevera hypercar, supplies batteries and electric drivetrains to other manufacturers through its Rimac Technology arm, and since 2021 has led Bugatti Rimac, the joint venture that took over Bugatti. Rimac Group took full control of that joint venture in September 2026, buying out Porsche’s remaining stake. A Croatian firm controlling a French marque is the reverse of how ownership usually runs in this part of Europe. The same group also develops Verne, a driverless passenger vehicle intended for city fleets rather than private sale.
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Car News from Croatia
Croatia's place in the industry rests on Rimac, which fully controls the joint venture that owns Bugatti as of September 2026 - ownership running out of the region rather than into it.
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Rimac completes its Bugatti takeover as Porsche exits
A consortium led by HOF Capital and BlueFive Capital has bought out Porsche's stakes in both Rimac Group and the Bugatti Rimac joint venture, a deal that closed 9 September 2026. Rimac Group now controls Bugatti Rimac outright, ending Volkswagen and Porsche's ownership connection to Bugatti entirely. Mate Rimac becomes Bugatti's president.
Uber Brings Robotaxis to Europe. The Car Is an ArcFox.
Europe's first commercial robotaxi service is launching in Zagreb, using Pony.ai's autonomous stack on the ArcFox Alpha T5 platform.