"Rimac Powers BMW's Next-Gen EVs in New Partnership

Apr 10, 2024 04:37 AM EDT

A MAN DRIVING A BMW M3 — (Photo : PEXELS/DANTE JUHASZ)

Rimac and BMW enter a new chapter as they collaborate for the latest EV. Mate Rimac, now sees its company forging a significant partnership with BMW. This collaboration marks a milestone in Rimac's journey, representing their most ambitious venture yet. Together, BMW and Rimac are set to revolutionize the electric vehicle landscape, particularly in the realm of high-voltage battery technology, promising advancements that will redefine the future of EVs.

Rimac Technology on BMW

Rimac Technology is renowned for its partnership with various automotive manufacturers, produced innovative electrified powertrains. Among its notable partnerships, Rimac Technology is set to produce cutting-edge battery systems for BMW Group's range of products. These advanced units will be meticulously crafted at the state-of-the-art Rimac Campus nestled in Croatia's scenic landscapes.

As reported by CarBuzz, BMW Group and Rimac Technology have unveiled an extensive alliance, signaling a commitment to jointly spearhead advancements

in electric vehicles. In addition to BMW, Rimac Technology's expertise extends to a diverse array of esteemed partners, including Aston Martin for projects like the Valkyrie, Hyundai, Porsche, and Koenigsegg, where Rimac's technology propels innovation, as seen in the renowned Regera model.

In a targeted collaboration, Rimac and BMW embark on a joint venture to develop high-voltage battery technology tailored for specific "battery-electric vehicles." This strategic alliance hints at a focus on high-performance EVs, potentially including the eagerly anticipated electric M3, speculated to debut under the name iM3.

READ MORE: Mercedes- Benz G580 Goes Electric,Debuts 24 April

While BMW keeps the specifics of their collaboration with Rimac under wraps for now, they assure enthusiasts that the upcoming sixth-generation BMW eDrive technologies, set to debut in the first Neue Klasse models, won't be a product of Rimac's innovation. Anticipation mounts for the release of these cutting-edge EV technologies, slated to power the production versions of the Vision Neue Klasse and Vision Neue Klasse X concepts. Enthusiasts eagerly await the transformation of these concepts into reality, with expectations high for an electric 3 Series and X3.

About Rimac Technology

As reported by CarScoops, the recent partnership between BMW and Rimac marks a significant milestone in Mate Rimac's journey. At just 36 years old, Rimac, the founder and CEO, traces his origins back to 2007 when he undertook a remarkable featâ€"installing an all-electric powertrain into his E30 BMW 3-Series drift and track car.

As revealed by CarScoops, Rimac Technology emerges as a leading player in automotive electrification, recognized as a top-tier supplier in the industry. Within the Rimac Group, it operates as an independent entity, distinct from the Bugatti Rimac division, yet both entities share ownership under the overarching Rimac Group umbrella.

This strategic alliance not only broadens BMW's battery production network for its next-generation EVs but also underscores a global expansion strategy. With multiple production facilities slated across Germany, alongside battery plants in Hungary, China, Mexico, and the U.S., BMW Group aims to position itself at the forefront of the electric vehicle revolution, targeting a substantial increase in fully electric vehicle sales to comprise over half of its global sales by 2030.Mate Rimac is the CEO and founder of Rimac Technology.