Bugatti CEO: Supercars Will Run on Combustion Engines for Years
Mate Rimac tells CNBC that high-end sports cars will keep combustion engines long into the EV era.
Forget the EV revolution taking over every garage — if you're a supercar buyer, your next Bugatti will almost certainly still have a roaring combustion engine under the hood. That's straight from the CEO's mouth. Mate Rimac told CNBC he expects high-end sports cars to stick with internal combustion "for a very long time," even as electric vehicles reshape the broader auto market.
Rimac knows both worlds better than almost anyone. He built his name on electric hypercars before taking the wheel at Bugatti, one of the most storied combustion-engine brands on the planet. So when he says gas-powered supercars aren't going anywhere, that's not a fossil-fuel fanboy talking — that's a guy who's actually sold EVs at the extreme high end of the market making a candid business call.
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The logic tracks if you think about who buys a Bugatti. These are collectors and enthusiasts, not daily commuters crunching fuel costs. The visceral sound, the theater, the raw mechanical experience of a combustion engine is part of what they're paying for. Electric torque is fast, but it doesn't give you that. For that buyer segment, the emotional case for combustion is as strong as the engineering case.
For traders and investors, this is a signal worth filing away. The EV narrative has been painted as an all-or-nothing transition, but the luxury and ultra-performance segment may carve out a long-running exception. Legacy automakers and boutique supercar brands with combustion expertise could retain pricing power and margin in a niche that electrification simply doesn't dominate anytime soon.
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