Croatian battery and powertrain component manufacturer Rimac Technology has announced it will enter the energy storage market through the launch of Rimac Energy; a power storage and megawatt charger manufacturer. Rimac Technology belongs to the wider Rimac Group under which Rimac Automobil and now Rimac Energy operate. Having previously focused on manufacturing batteries, converters and other EV-related systems for its own group and other OEMs, Rimac Energy will broaden the group’s product offering to include utility scale energy storage systems, commercial and industrial storage products as well as fast-charging megawatt chargers exclusively in Europe. The new energy storage company’s products will be based on a novel architecture to be revealed later this year, and will be designed, developed and manufactured at the group’s new campus in Croatia. Pilot projects are planned for commissioning in 2024 and mass production targeted for 2025, with Rimac Energy then intending to scale to over…

 

 

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Image credit: Rimac Technology