Let’s first frame the key players in the collaboration, that has as object Rimac’s supply of high-performance, fully integrated electric drive systems (EDS) for Ceer’s upcoming range of flagship electric vehicles.
Ceer, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), is building high-end electric vehicles as the first OEM in Saudi Arabia and the Middle East, while Rimac Technology specializes in electrification technologies, including drive systems, electronics and battery systems. The object of it all is Rimac’s supply of high-performance, fully integrated electric drive systems (EDS) for Ceer’s upcoming range of flagship electric vehicles.
(Foxconn), has signed a partnership with Rimac Technology to supply high-performance, fully integrated electric drive systems (EDS) for its upcoming range of flagship electric vehicles. The partnership was made official during a signing ceremony held at Rimac in Croatia on October 17 , attended by Rimac Technology CEO Mate Rimac and CEER Motors CEO James DeLuca.
“We are pleased to be the first company and the first large-scale project in the GCC to partner with Rimac Technology to equip Ceer’s flagship vehicles with the most advanced high-performance electric propulsion systems and solutions,” said Ceer CEO James DeLuca. “Rimac’s global reputation and expertise in designing cutting-edge high-performance propulsion systems aligns perfectly with our strategic goals of partnering with global industry leaders as we fulfill our commitment to deliver world-class high-performance electric vehicles and revolutionize the automotive industry in Saudi Arabia.”
“The partnership with Ceer further solidifies Rimac Technology’s global electrification ambitions,” said Mate Rimac, founder of Rimac Group. “This year alone, we have announced several key partnerships, including with BMW Group and Ceer, that will result in the production of tens of thousands of electric propulsion and battery systems for major OEMs around the world. With more exciting projects in the pipeline, we have strategically invested in our manufacturing facilities in Croatia, including the Rimac Campus and support infrastructure, which will soon be operating at full capacity.”
