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Rimac Technology enters stationary energy storage systems market with launch of Rimac Energy

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Rimac Energy’s ESS is built upon a novel electrical architecture, which the company says enables significant performance, safety, and availability advantages, including up to 50% reduced energy losses and 40% smaller system footprint. All products are fully designed, developed, and produced in Europe.

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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

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The European Commission has approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation in the battery value chain. The project complements the first IPCEI in the battery value chain that the Commission approved in December 2019 with €3.2 billion (US$3.5

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

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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. The automotive industry needs to get the same attention as soccer in Croatia. Earlier post.)

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Porsche and electric hypercar maker Rimac to set up JV incorporating Bugatti

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Oliver Blume, CEO of Porsche, and Mate Rimac, CEO of Rimac, signed the corresponding agreements and announced the name of the new hypercar manufacturer: Bugatti-Rimac. The joint venture will have its headquarters in Zagreb (Croatia) and is scheduled to be established in the fourth quarter of 2021. Bugatti Chiron, Rimac Nivera.

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Hyundai Motor Group to invest €80M in Rimac; collaborating on high-performance EV and FCEV prototypes by 2020

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The companies will work closely together to develop prototypes for an electric version of Hyundai Motor’s N brand midship sports concept car and a high-performance fuel cell electric vehicle with the intent to bring them to market at a later time. —Euisun Chung, Executive Vice Chairman of Hyundai Motor Group.

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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

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The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. Nobody looks at Greece for instance, where only 32 electrically-chargeable cars were sold last year.

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UNECE Adopts Type Approval for Electric and Hybrid Vehicles’ Electric Safety Requirements; Applies in 41 Countries

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100 which introduces type approval requirements for all types of electric and hybrid vehicles’ electric safety requirements. 100 will cover a large range of electric vehicles: pure electric, hybrid, plug-in, as well as hydrogen fuel cells vehicles as regards electric safety requirements. 100—currently 41 countries.

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