[Jason]

BMW Group and Rimac Technology agree long-term partnership



April 9, 2024

Munich / Zagreb. The BMW Group and Rimac Technology, headquartered near Zagreb, Croatia, officially announced a long-term partnership.

The aim of the collaboration is to co-develop and co-produce innovative solutions in the field of high-voltage battery technology for selected battery-electric vehicles.

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. Even before we reach 2030, battery-electric vehicles will 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. With the relentless growth of the business, including the opening of the Rimac Campus, Rimac Technology is ready to deliver projects at the highest automotive standards.

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.

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

[DocWeatherington]

This is going to be great for all involved

[Seba77W]

Yes this is the best news for both groups so far regarding electric powered cars. BMW EVs are about to be top of the line! Just don’t let Hammond near one 😂🤣.

[///M TOWN]

This is really great news

The current range offerings are subpar at best

[antzcrashing]

So when BMW is going to admit (through changing their marketing and sales techniques), that USA wants effectively nothing to do with fully electric toy cars, and everything to do with hybrids? I give it 1-3 years tops.

[TheUltimateDrivingManiac]

Originally Posted by antzcrashing

So when BMW is going to admit (through changing their marketing and sales techniques), that USA wants effectively nothing to do with fully electric toy cars, and everything to do with hybrids? I give it 1-3 years tops.

Here we go again 🥱

[///M TOWN]

Originally Posted by antzcrashing

So when BMW is going to admit (through changing their marketing and sales techniques), that USA wants effectively nothing to do with fully electric toy cars, and everything to do with hybrids? I give it 1-3 years tops.

Hybrid currently has its place in performance cars, but otherwise electric is clearly way beyond anything ICE has to offer

[M2Cmtl]

Originally Posted by antzcrashing

So when BMW is going to admit (through changing their marketing and sales techniques), that USA wants effectively nothing to do with fully electric toy cars, and everything to do with hybrids? I give it 1-3 years tops.

If anything, PHEVs and hybrids benifit even more from better batteries.

[///M TOWN]

Originally Posted by M2Cmtl

If anything, PHEVs and hybrids benifit even more from better batteries.

Any new technology that reduces weight brings all kinds of possibilities

[NorCalAthlete]

Originally Posted by Seba77W

Yes this is the best news for both groups so far regarding electric powered cars. BMW EVs are about to be top of the line! Just don’t let Hammond near one ����.

Clarkson voice: "That Rimac just fucks off!"

[Quadruple VANOS]

Seems like a losing proposition when the biggest competitors in the space are manufacturing their own batteries. The Tier 1 suppliers better offer a better product because I can’t see them offering a lower cost solution when it needs to be profitable to sell to OEM.

[TX552]

Battery powered exhaust and engine noise next? LOL

[NickyC]

Toyota got it right, everyone else is wrong/catching up.

[///M TOWN]

Originally Posted by Quadruple VANOS

Seems like a losing proposition when the biggest competitors in the space are manufacturing their own batteries. The Tier 1 suppliers better offer a better product because I can’t see them offering a lower cost solution when it needs to be profitable to sell to OEM.

Remac has a lot of knowhow that BMW does not. One has the money and the other has the technology and combined they’ll make an amazing partnership.

[///M TOWN]

Originally Posted by NickyC

Toyota got it right, everyone else is wrong/catching up.

Toyota got it wrong.

Toyota has only made a compliance car.

Now Toyota is lobbying to slow the domino-effect… Toyota now has so much catching up to do it’s absolutely ridiculous.

[NSX2M4]

RIMAC is a much, MUCH smaller company than BMW. They would be better off hiring RIMAC designers...

[NSX2M4]

Originally Posted by VANOS

BMW does need a new design team. The current design team are all garbage, pure absolute garbage!

I know, this is why I have a R1S and not a X5 V8.

[gblansten]

Originally Posted by ///M TOWN

Hybrid currently has its place in performance cars, but otherwise electric is clearly way beyond anything ICE has to offer

Amen. Hybrid is heavier than EVs and slower and heavier than ICE. I see no point.

[TXSchnee]

Originally Posted by NSX2M4

RIMAC is a much, MUCH smaller company than BMW. They would be better off hiring RIMAC designers...

Rimac isn’t that small… https://newsroom.porsche.com/en/2021...%20for%202023.

[Vmaxx]

Originally Posted by ///M TOWN

Toyota got it wrong.

Toyota has only made a compliance car.

Now Toyota is lobbying to slow the domino-effect… Toyota now has so much catching up to do it’s absolutely ridiculous.

Toyota is wiping the floor with every other automaker. That brand has gone absolutely insane over the past 4 years, in the best possible way for them. They were the only brand last month that was able to increase their average per vehicle sale price YoY. They also took the number one spot and sold more vehicles than Tesla globally, first time in nearly 18 months. So as they say, the numbers don’t lie, and they are doing better than just about everyone out there.

We are also seeing targets and mandates for EVs relax, being delayed, or outright cancelled. This is due to multiple reasons, but Toyota is the one now cashing in on their decisions, while the others (except Tesla) are still trying to figure out how to make EVs work.

[AlexC2er]

Originally Posted by antzcrashing

So when BMW is going to admit (through changing their marketing and sales techniques), that USA wants effectively nothing to do with fully electric toy cars, and everything to do with hybrids? I give it 1-3 years tops.

If it’s as good as the taycan maybe.

[hotrod182]

Wonder what Solid Power thinks of Rimac interfering with BMW battery technology.