Rimac and DeLuca (photo: Rimac)
Rimac Technology, part of Rimac Group, and Saudi Arabia-based Ceer have forged a partnership for the production of electric vehicles.
Ceer, Saudi Arabia’s first electric vehicle (EV) brand, 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, Rimac Group said. Ceer is a joint venture between Saudi sovereign wealth fund Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn),
According to Rimac Group, the 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.
DeLuca: Ceer is revolutionizing the automotive industry in Saudi Arabia
Electric vehicle technology solutions provider Rimac Technology is already cooperating with other global automotive manufacturers. In April it entered into a partnership with BMW. It signed multiple agreements as well for mid-to-large volume European original equipment manufacturer (OEM) projects.
Ceer is delighted to be the first company and large-scale project in the Gulf Cooperation Council (GCC) to partner with Rimac Technology to equip Ceer flagship vehicles with the most advanced high-performance electric drive systems and solutions, CEO James DeLuca said.
“Rimac’s global reputation and know-how in designing leading edge performance powertrain systems aligns perfectly with our strategic objectives of partnering with global industry leaders as we fulfill our commitment to delivering world-class, high-performance electric vehicles and revolutionize the automotive industry in Saudi Arabia,” DeLuca stated.
Rimac: Our production facilities in Croatia will soon be operating at full capacity
According to Mate Rimac, Founder and CEO of Rimac Group, the collaboration with Ceer further solidifies Rimac Technology’s global electrification ambitions. He claimed several key partnerships, including with BMW Group and Ceer, would result in the production of tens of thousands of electric drive systems and battery systems for leading OEMs worldwide.
“With more exciting projects in the pipeline, we’ve strategically invested in our production facilities in Croatia, including the Rimac Campus and supporting infrastructure, which will soon be operating at full capacity,” Rimac stressed.
The two partners will release more details about the partnership and its scope at a later stage, Rimac Group added.
The collaboration was made official on October 17 at a signing ceremony held at Rimac headquarters in Croatia.
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