Rimac Technology, a Croatian company based near Zagreb, has announced a long-term partnership with the BMW Group to collaborate on high-voltage battery technology for selected battery-electric vehicles. The BMW Group will supply high-voltage battery units for Rimac Technology’s future models in the second half of the 2020s. As part of the Rimac Group, Rimac Technology specializes in automotive electrification and offers high-voltage battery packs, e-axles, electronics, and software solutions.
The partnership between these two companies represents a significant development for both of them. Mate Rimac, Founder and CEO of Rimac Group, expressed his excitement about partnering with the BMW Group, marking a pivotal moment in their growth from a niche high-performance supplier to a high-volume production capability. The BMW Group also acknowledges the significance of this partnership with Rimac Technology’s transition from a niche supplier to a high-volume Tier 1 supplier, reflecting their relentless growth.
As part of this collaboration, both partners will disclose more details about the strategic collaboration’s scope and content at a later stage. This partnership is expected to drive innovation in high-voltage battery technology for electric vehicles and strengthen both companies’ positions in the market. With its expertise in battery and electric drive systems and over 15 years of experience, the BMW Group brings valuable knowledge to this partnership. Meanwhile, Rimac Technology continues to grow and expand its offerings to meet the demands of leading automotive brands such as BMW.
Overall, this collaboration underscores the mutual benefit of combining expertise to drive innovation in an area that is critical to advancing electric vehicle technology. Both companies stand to gain from this partnership by expanding their capabilities and enhancing their competitiveness in the market.
