- Rimac Technology
Ceer Partners with Rimac Technology for High-Performance Electric Drive Systems
Ceer, Saudi Arabia’s first electric vehicle (EV) brand, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), has signed a partnership with Rimac Technology for the supply of high-performance, fully integrated Electric Drive Systems (EDS) for its upcoming flagship range of EVs
The collaboration was made official at a signing ceremony held at Rimac in Croatia on 17th October, attended by Rimac Technology CEO Mate Rimac and CEER Motors CEO James DeLuca.
This partnership with Ceer signifies a further evolution of the Rimac Technology business from limited-volume, high-performance applications – including the Rimac Nevera, Pininfarina Battista, Aston Martin Valkyrie and Koenigsegg Regera – to large-scale projects. Earlier this year, Rimac Technology revealed a long-term collaboration with the BMW Group to supply high-voltage battery systems to its passenger cars and has signed multiple agreements for mid-to-large volume European OEM projects. This latest venture with Ceer, Rimac’s first partnership in the GCC, represents another substantial scaling up of Rimac Technology products, focused on its electric powertrain systems and software portfolio.
The two partners will release more details about the partnership and its scope at a later stage.
About Rimac Technology
Rimac Technology is a Tier 1 technology supplier to the automotive industry, fully owned and operated by the Rimac Group. The company is a leading provider of electrification technologies, with a strong focus on engineering, development, production, and supply of battery systems and electric drive units. Rimac Technology has recently expanded its portfolio by establishing the Rimac Energy division. This division is dedicated to advancing Battery Energy Storage Systems (BESS) technology, focusing 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, and collaborates on projects with a number of the world’s most renowned OEMs.