Croatian EV specialist Rimac to go public in 2022, Bugatti takeover imminent – report

Croatian electric hypercar specialist Rimac Automobili will be publicly listed within the next 12 months, according to a new report from German outlet Manager Magazin. The company is said to be aiming for an initial market capitalisation of approximately €5 billion (AU$8 billion), however the the distribution of stock – and the percentage of equity floated – is yet to be confirmed.