BMW Group, Rimac Partner To Co-Produce Battery Tech For EVs

Germany’s BMW Group and Rimac Technology, headquartered near Zagreb, Croatia, recently 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 BMW Group’s electrification strategy is aimed at building further on its leading position in the electric mobility sector. Even before we reach 2030, battery-electric vehicles are expected to 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.”

As an integral part of the Rimac Group, Rimac Technology stands out as a Tier 1 supplier specializing 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 customization. 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. 

Separately from the new strategic cooperation, the BMW Group is preparing the debut of the sixth generation of BMW e-Drive technology, which can bring another significant leap forward in all customer-relevant attributes, such as range and charging time.

The focus on intra-European cooperation is no surprise at a time Europe is pushing hard to build domestic capabilities and capacities for the EV transition. While many would say the continent has been left behind by China , thanks to Europe’s legacy ICE-based aurto sector that was resistant to change, the premium luxury brands like BMW and Mercedes will still hope that can retrieve lost ground on the back of their strong brand premiums and quality offerings.