Remove Auto Remove Croatia Remove Parts Remove Production
article thumbnail

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. Global automotive producers have shifted production towards CEE countries from Western Europe.

Croatia 207
article thumbnail

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. “That’s not the case in production.”

Auto 52
article thumbnail

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

Baua Electric

Rimac said the partnership will require them to establish sophisticated battery production lines at its campus near Zagreb, Croatia. A significant part of the campus will be dedicated to BMW. “My FTC: We use income earning auto affiliate links. Rimac Tech campus (Source: BMW) No financial details were released.

BMW 52
article thumbnail

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

Teslarati

While not being used for the Rimac Auto brand, this round of investment was intended to fund the Rimac Technology brand, a company that will be an EV and PHEV parts supplier to other brands.

article thumbnail

This electric supercar maker is launching a robotaxi service with Kia’s help

Baua Electric

Rimac’s first model, the Concept_One, was introduced in 2016 and was already considered one of the fastest production models. Project 3 is based in Croatia, with a research center in the UK. The automaker aims to make electric PBVs a core part of its business as it shifts to a “mobility solutions provider.”

Kia 52
article thumbnail

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. These include a newly set-up Car.OS

Auto 170
article thumbnail

Here It Comes: Another Hot Summer in Europe

Baua Electric

Last year, large parts of southern Europe experienced prolonged periods of extreme heat with temperatures reaching 118 degrees and lasting up to two weeks or more. Last summer, while some parts of the continent were hot and dry, others were cold and wet. And travelers, once again, are heading to the hot spots.

Europe 52