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Hyundai Motor Group bolsters partnership with Rimac on high-performance EVs and fuel cell prototypes across brands

Green Car Congress

Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new auto industry in Croatia. Today, countries are competing in the open market, just as companies are. Earlier post.)

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Europe’s auto suppliers reach the end of the road – ET Auto

Baua Electric

Production of the car component at the town of Gifhorn will end in 2027 and move to Croatia, the Czech Republic and Wales to keep the costs “competitive”, according to Continental, which will cut about 7,000 jobs worldwide. Another 100 could find a home at a nearby Siemens mobility plant that supplies rail companies.

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BMW and Rimac partner to develop high-voltage EV battery tech – Charged EVs

Baua Electric

BMW Group and Croatia-headquartered electrification technology developer Rimac Technology have announced a long-term partnership to co-develop and co-produce high-voltage battery technology for selected BEVs. The two companies say their respective strengths will complement each other.

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BMW taps electric hypercar specialist Rimac for high-performance EV batteries

Baua Electric

Rimac to supply BMW with EV batteries The collaboration is Rimac Tech’s “largest and most ambitious project” the company has undertaken. Rimac’s automotive division, Rimac Automobili, known for its record-shattering Nevera electric hypercar , sits under the company’s joint venture with Buggati.

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Rimac secures $537m in new investment round with Goldman Sachs, Softbank

Teslarati

Rimac announced that it has secured $537 million in investment via a series-D investment round, including Softbank, Goldman Sachs, and Porsche, who now owns 20% of the company. According to Mate Rimac, the company will make everything from EV battery systems and PHEV systems to rolling chassis.

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TTTech Auto establishes Car.OS unit and expands company structure

Green Car Congress

TTTech Auto—a provider of software and hardware platforms for automated driving and beyond, applicable in series production programs—has expanded its development scope and altered its structure based on three distinct pillars. —Georg Kopetz, CEO TTTech Auto. —Stefan Poledna, CTO of TTTech Auto.

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Here It Comes: Another Hot Summer in Europe

Baua Electric

The company expects the magnitude of the heat to be similar to 2022, the hottest summer ever recorded in Europe, with the most anomalous heat projected in the south, in popular countries for travelers like Greece, Croatia and Italy. The post Here It Comes: Another Hot Summer in Europe appeared first on Bauaelectric Auto News.

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