Rimac and EVE Energy join forces to produce EV batteries in Europe

Rimac Technology has partnered with EVE Energy to manufacture battery cells in Europe from 2027. EVE will focus on cell manufacturing while Rimac will focus on the development and high-volume production of a battery module and pack platform using the cells. Central to the alliance is the production of battery cells used for Rimac Technology’s 46xx platform. Rimac already has a series of nominations for large-volume projects with large European OEMs that will use this platform, which creates high-performance battery systems at competitive cost and fully customizable configurations. The solution meets the stringent demands of the industry offering class-leading energy density, customizable cell-to-pack solutions, and an advanced battery management system. One of the key advantages of 46xx cylindrical cells lies in their alignment with evolving regulations regarding thermal propagation because the cylindrical format lends itself to optimal thermal management which is crucial for the safety and reliability of electric vehicles. By establishing a local, European supply chain for advanced battery solutions, Rimac and EVE are raising the bar for sustainability and efficiency in the industry and across the continent.

EVE Energy will make its IAA Mobility debut in September. At the IAA Mobility 2023 exhibition in Frankfurt, Germany, EVE Energy will showcase its power cell solutions for passenger vehicles that build on cylindrical and prismatic technical routes. The company will show the entire life chain of cylindrical products, from raw materials to cells, systems, and battery recycling while presenting high- and low-voltage…

28 August 2023

EVE Energy has launched production at its sections 6, 7, 8, and 9 battery plants in Jingmen, Hubei province, totaling 73GWh of capacity, in response to significant growth in market demand. The company held a ceremony to mark their commissioning, while also breaking ground for the construction of a 60GWh Super Factory, also in the central Chinese city. EVE’s combined investment in the four production facilities that…

24 February 2023

Following the announcement of its collaboration with CATL, which will build cylindrical cell batteries for BMW in dedicated factories in Europe and China, BMW announced that it is set to launch a new era of e-mobility from 2025 with the models of its NEUE KLASSE – using newly-developed round battery cells optimized for the new architecture for the first time. The BMW Group has already awarded contracts in the…

10 September 2022

Today, Rimac Automobili announces another major milestone in its history, as it combines forces with the iconic automotive brand, Bugatti Automobiles, to create a new automotive and technological powerhouse. As part of the deal, the newly-formed Rimac Group will be the major shareholder with a 55% stake. Mate Rimac will retain his original shareholding in Rimac Group at 37%, with Porsche at 24%, Hyundai Motor Group…

6 July 2021

StoreDot has announced its extreme fast charging battery technology – XFC – that utilizes nano-scale metalloids and proprietary compounds. It has already prepared its first-generation 5-minute charge battery engineering samples, demonstrating the commercial viability of XFC batteries for the first time via a small form-factor battery cell. The first-generation engineering samples demonstrate to EV OEMs and battery…

20 January 2021

EVE Energy is a joint venture partner of SK Innovation in China. Under the joint venture, the two companies are building the Blue Sky United Energy plant for EV batteries in Yancheng. It is projected to have an annual production rate of 20-25GWh. Recently, EVE Energy company has announced that it will supply EV batteries to BMW. For BMW Brilliance – the automakers’ joint venture in China, batteries will come from…

27 July 2020

SK Innovation and EVE Energy will establish a 50:50 joint venture to produce EV batteries in China. The Korean giant will invest US$525 million and the China-based EVE Energy will invest the same amount. The annual production capacity of the future production facility will be 20-25 GWh. In May, earlier this year, SK Innovation said that it will invest 575 billion won to build its second EV battery plant in China. At…

27 September 2019

Porsche has announced that it has increased its stake in technology and sports car company Rimac Automobili to 15.5%. The latter focus on battery technology within the high-voltage segment, electric powertrains and developing digital interfaces between humans and machines (HMI). It produces electric bikes and has even announced an electric hypercar concept. This increase in investment from Porsche comes after a year…

7 September 2019

Hyundai and Kia announced that they will jointly invest in Rimac Automobili for the creation of an electric sports car. Hyundai will invest EUR 64 million and Kia – EUR 16 million. This will fund the development of prototypes for an electric version of Hyundai’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. “Rimac is an…

14 May 2019