Rimac Technology said it would supply BMW Group with high voltage battery units from the second half of this decade.
Rimac said it was “the largest and most ambitious project the company has undertaken to date”.
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It would establish automated battery production lines at its facility near Zagreb, Croatia.
CEO and founder Mate Rimac said: “My business journey began with a 1984 BMW 3 Series that I converted into an electric car in my garage at the age of 20 so it’s a perfect piece of symmetry to partner with the BMW Group today. This marks a pivotal moment in the growth of Rimac Technology, from humble beginnings to a major long-term partnership with one of the greatest automotive brands in the world.
“It’s a clear sign of [our] transition from niche high performance supplier to high volume production capability. With the relentless growth of our business, including the opening of Rimac Campus, we’re now ready to deliver large scale projects for the leading brands in the automotive industry.”
Further details will be announced later.
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