BMW Group, Rimac Technology form partnership for high-voltage battery technology for BEVs

The two partners will release more details about what form the strategic tie-up will take, as well as its scope and content, at a later stage.

Autocar Pro News Desk By Autocar Pro News Desk calendar 10 Apr 2024 Views icon4998 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Rimac Technology Campus

Rimac Technology Campus

The BMW Group and Zagreb, Croatia-based Rimac Technology, officially announced a long-term partnership, to co-develop and co-produce innovative solutions in the field of high-voltage battery technology for selected battery-electric vehicles.

The respective strengths and expertise of the two companies complement each other in a productive way. The BMW Group’s electrification strategy is aimed at building further on its leading position in the premium electric mobility sector. Even before we reach 2030, battery-electric vehicles will account for over half of global vehicle sales. The BMW Group brings battery and electric drive system expertise amassed over more than 15 years to the partnership, the press release noted.

As an integral part of the Rimac Group, Rimac Technology stands out as a Tier 1 supplier specialising in electrification in the automotive sector. Its portfolio consists of high-voltage battery packs, e-axles, as well as electronics and software solutions. Rimac Technology products are designed, engineered and produced in-house to offer advanced technology with a high degree of customisation.

The long-term partnership with the BMW Group is a sign of the Rimac Technology transition from niche high-performance solutions supplier to high-volume Tier 1 supplier. 

The two partners will release more details about what form the strategic tie-up will take, as well as its scope and content, at a later stage.

In a separate development, the BMW Group is preparing the debut of the sixth generation of BMW eDrive technology, which will work on customer attributes such as range and charging time.

RELATED ARTICLES
Moody's downgrades VW on sector headwinds, Chinese competition: Report 

auther Autocar India calendar17 Mar 2025

The ratings agency noted in a statement that the downgrade reflects a recent contraction in operating margin and free ca...

Endurance Technologies Accepts 57 Separations Under Voluntary Scheme at Maharashtra Plant

auther Angitha Suresh calendar17 Mar 2025

The auto component manufacturer will pay out approximately Rs. 106.35 million to implement the Voluntary Separation Sche...

Li-ion Battery Supplier Neuron Energy Targets 10x Growth in 5 years

auther Yukta Mudgal calendar17 Mar 2025

The company also aims to generate 30% of its revenue from energy storage applications by 2030, up from around 5% at pres...