BMW Group and Croatia-headquartered electrification technology developer Rimac Technology have announced a long-term partnership to co-develop and co-produce high-voltage battery technology for selected BEVs. 

The two companies say their respective strengths will complement each other. BMW Group’s electrification strategy aims to build on its leading position and 15 years of battery and electric drive system expertise. Rimac Technology, as a Tier 1 supplier, offers a portfolio of in-house designed and produced high-voltage battery packs, e-axles, and electronics and software technology.

“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,” BMW stated.

Source: BMW