Ceer, Saudi Arabia’s first electric vehicle (EV) brand, has signed a partnership with Rimac for the supply of high-performance, fully integrated Electric Drive Systems (EDS) for its upcoming flagship range of EVs.
Ceer is a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry.
Ceer CEO, James DeLuca, said:
“We are delighted to be the first company and large-scale project in the GCC to partner with Rimac Technology in order to equip Ceer flagship vehicles with the most advanced high performance electric drive systems and solutions. Rimac’s global reputation and know-how in designing leading edge performance powertrain systems aligns perfectly with our strategic objectives of partnering with global industry leaders as we fulfill our commitment to delivering world-class, high performance electric vehicles and revolutionize the automotive industry in Saudi Arabia.”
Earlier this year, Rimac Technology revealed a long-term collaboration with the BMW Group to supply high-voltage battery systems to its passenger cars.
Founder of the Rimac Group, Mate Rimac, said:
“With more exciting projects in the pipeline, we’ve strategically invested in our production facilities in Croatia, including the Rimac Campus and supporting infrastructure, which will soon be operating at full capacity.”
Sign up to MOVEMNT’s newsletter for the hottest mobility news and exclusive MOVE event updates
