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Rimac Technology, a leading provider of EV solutions, has announced a significant partnership with the BMW Group to supply high-voltage battery units for BMW's product range.
Rimac Technology plans to expand its production capacity by building an advanced automated production line for batteries at its Rimac campus in Croatia. This expansion reflects the company's commitment to partnerships and marks its evolution into a high-volume supplier.
Mate Rimac, CEO of Rimac Group, considers this partnership a pivotal moment in the growth story, citing its first foray into electric vehicle technology.
“My business journey began with a 1984 BMW 3 Series that I converted into an electric car in my garage at the age of 20, so this is the perfect symmetry to partner with the BMW Group today. This is a pivotal moment in Rimac Technology's growth from humble beginnings to a major long-term partnership with one of the world's largest automotive brands. A clear sign that we are moving from a high-performance supplier to a high-volume production capacity. With the constant growth of our business, including the opening of the Rimac campus, we are ready to deliver large-scale projects for major brands in the automotive industry. I was there.”
The synergy between Rimac Technology and the BMW Group's electrification strategy aims to combine the expertise of both companies to strengthen its position in the field of premium electric mobility. The BMW Group's ambitious electrification strategy aims for battery electric vehicles to account for more than half of global car sales by 2030. The partnership with Rimac Technology is expected to play a key role in achieving this goal.
The partnership will also lead to the development of the sixth generation of BMW eDrive technology, which promises significantly improved driving range and charging times, further reinforcing BMW's commitment to sustainable mobility.