The owner of Rimac Automobili, Mate Rimac, said on Thursday that his company is developing a project for autonomous vehicles, robotaxis, and that the first ones, if the project is a success, could be tested on Zagreb streets in 2024 already.

The robotaxi, a driverless vehicle, will be presented to the public at the beginning of next year, Rimac said, adding that the Nevera model is now completing homologising and testing and that soon it will be put into serial production. The robotaxi project should be much larger than Rimac Automobili.

“This is something with big potential. A robotaxi prototype has been made, our guests saw it today, however we have to bring it to a higher level and present it as it should be, probably at the start of next year. The idea is that in 2024 we launch that autonomous vehicle on Zagreb’s streets. If we don’t succeed with that project, all the money that we invested and will invest will fall through, and that’s hundreds of millions. Our objective is to do that by 2024, together with all the necessary infrastructure,” said Rimac.

Rimac reiterated that his company has still not succeeded, that success is yet to come, but said that it is going towards that with 1,000 employees and more than €200 million in investment attracted and many more investment to come.

“And that is investment in development, employment and production in Croatia that is exported to the entire world. It was a big thing for us to take over Bugatti, a company that has been in business for more than 110 years. That is a big responsibility. For the first time in history, VW has divested a brand from its portfolio,” underscored Rimac, adding that VW is the biggest company in Europe with an annual revenue of €250 billion.

Bugatti is a successful company but Rimac Automobili wants to make it even more successful, he said.

“It’s not true that Bugatti is a hot potato. They are successful. In the past three years they have been profitable. They sell 90 vehicles a year and have a revenue of about €300 million,” he underscored and added that the VW Group agreed to the transaction because it believes that Rimac Automobili has the technology and right approach for something like that.

In that regard, he explained how Porsche had brought its Panamera prototype to Rimac Automobili and said that it had three months to show how the vehicle can be improved. “Within the same battery dimensions and same mass, we created a vehicle that has twice the range and twice the battery capacity,” said Rimac.