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Rimac Technology will manufacture battery systems for BMW Group

April 09, 2024

Rimac Technology, the electric powertrain division of Rimac Automobili, announced it is collaborating with BMW Group to increase volumes of advanced battery systems. The companies will establish sophisticated automated production lines for batteries at the Rimac Campus near Zagreb, Croatia.

Rimac mentioned that 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. The BMW Group brings battery and electric drive system expertise amassed over more than 15 years to the partnership. 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.

Rimac Technology, fully owned and operated by the Rimac Group, is a leading provider of electrification technologies. The company focuses on the engineering, development, production, and supply of battery systems and electric drive units. Recently, Rimac Technology expanded its portfolio by establishing the Rimac Energy division, dedicated to advancing Battery Energy Storage Systems (BESS) technology. This division focuses on designing, developing, and manufacturing innovative stationary BESS solutions entirely within Europe. Rimac Technology is headquartered in Croatia, with offices in the UK, and currently employs more than 1,400 employees. The company collaborates on projects with a number of the world’s most renowned OEMs.

Mate Rimac, Founder and CEO of Rimac Group, commented on the partnership, “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 it’s a perfect piece of symmetry to partner with the BMW Group today. This marks a pivotal moment in the growth of Rimac Technology, from humble beginnings to a major long-term partnership with one of the greatest automotive brands in the world. It’s a clear sign of the transition of Rimac Technology from niche high-performance supplier to high-volume production capability. With the relentless growth of our business, including the opening of Rimac Campus, we’re now ready to deliver large-scale projects for the leading brands in the automotive industry.”