Ceer, an EV brand operating through a joint venture between Saudi Arabia’s Public Investment Fund and Foxconn has signed a new partnership with Rimac Technology, a supplier ran by the Rimac Group.
Through it, Rimac Technology will supply Ceer with high-performance, fully integrated Electric Drive Systems for its upcoming flagship range of EVs. The collaboration was commemorated at a signing ceremony held at the Rimac Group’s headquarters in Croatia, with Rimac Technology CEO Mate Rimac and Ceer Motors CEO James DeLuca in attendance.
For Rimac Technology, the partnership represents a key step in its evolution from limited-volume, high-performance, applications (such as the Rimac Nevera, Pininfarina Battista, Aston Martin Valkyrie and Koenigsegg Regera) to large-scale projects.
The supplier’s latest partnership follows its announcement of a new, long-term, collaboration with the BMW Group to supply high-voltage battery systems to its passengers cars alongside multiple agreements for mid-to-large volume projects with various European OEMs.
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.