Ceer Partners with Rimac Technology for High-Performance Electric Drive Systems

Ceer, Saudi Arabia's first electric vehicle (EV) brand, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), has signed a partnership agreement with Rimac Technology for the supply of high-performance, fully integrated Electric Drive Systems for its upcoming flagship range of EVs.
In a press release, Ceer said that the collaboration was made official at a signing ceremony held at Rimac in Croatia, attended by Rimac Technology CEO Mate Rimac and Ceer CEO James DeLuca.
DeLuca said: "We are delighted to be the first company and large-scale project in the GCC to partner with Rimac Technology 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 revolutionizing the automotive industry in Saudi Arabia."