Rimac Technology has announced the launch of a new brand called Rimac Energy, created to “accelerate the transition toward a sustainably powered planet.” The new division says it will leverage the larger Group’s expertise in EV and battery technology to develop energy storage solutions (ESS) as well as battery-buffered fast chargers.
Rimac Technology is an existing arm of the larger Rimac Group, which consists of Rimac Automobili – creator of the Nevera electric hypercar – and the Rimac Bugatti joint venture with Porsche. While the other two ventures focus on EV development and manufacturing, Rimac Technology builds batteries, converters, and other vehicle systems for its own Group EVs as well as other OEMs.
Rimac already has a dozen projects in place with other automakers, some of which include supplying battery cells, including a 46mm design we reported on last summer. To compliment its energy dense cells, Rimac shared it was working to slenderize the rest of its battery packs to deliver the best conversion efficiency rate as possible.
For example, Rimac previously stated the Nevera’s efficiency was at 67%, but the company’s goal is to develop modules that deliver an efficiency of 75% cells per pack before their aimed start production in 2025.
Now, Rimac Technology looks to leverage that advanced battery technology into stationary energy storage solutions through its latest brand – Rimac Energy.
Rendering of a potential energy storage solution (ESS) / Credit: Rimac Energy
Rimac Energy to scale to 10GWh production annually
Rimac Technology shared details of its new Rimac Energy business today, which will operate out of the company’s massive campus in Croatia. According to the company, it is focused on developing a product portfolio that includes “utility-scale ESS, commercial & industrial applications, and highly integrated battery buffered charging solutions.” All of which will be entirely designed, developed, and manufactured in Europe.
The new brand said it has slowly been assembling its team of 60 employees from within Rimac Technology over the last 18 months – all of whom are working on the brand’s first generation of stationary energy storage solutions. Rimac Energy director Wasim Sarwar Dilov elaborated:
At Rimac we have always been driven by innovation and a passion for pushing the limits of what is possible in the automotive industry. However, we recognize the importance of stationary storage solutions to power our planet sustainably. Given our track record in innovative battery technology, we believe we will play a vital role in building Europe’s future energy ecosystems, elevating it on the global stage.
To begin, Rimac Energy plans to provide solutions for large commercial, industrial, and utility-scale applications, relaying that battery-buffered fast and mega-watt charging technology is already in development. It will first produce pilot systems for select customers this year, stating there are several projects already in discussion with customers.
After they are produced, Rimac Energy expects to commission the pilot projects in 2024 ahead of mass manufacturing planned for 2025. Once that process begins, Rimac shared that it intends to continuously scale to over 10GWh of capacity produced annually. Rimac Automobili founder and CEO Mate Rimac also spoke:
There is an urgent need for clean energy infrastructure to support the integration of renewable energy sources into the grid by providing storage and balancing capabilities. Given our head start in EV technology and dedication to sustainability, this path feels like a seamless progression for us. Our team is truly excited about creating solutions that make clean energy more accessible, as we strive to decrease our dependence on fossil fuels and foster a greener future.
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Mercedes-Benz introduced an all-in-one mobile EV charging machine, “ELF,” that promises to unlock charging speeds as quick as filling up at the pump.
Mercedes-Benz unveils the ELF mobile EV charging van
It may look like an electric van, but Mercedes-Benz claims ELF is much more than just any ordinary vehicle. It’s “a symbol of a bold new era in charging,” the luxury brand said on Thursday.
The nickname comes from the German term Experimental-Lade-Fahrzeug (ELF), which translates to Experimental Charging Vehicle.
The Mercedes-Benz ELF is an all-in-one mobile EV powerhouse that combines ultra-fast, bidirectional, inductive, and conductive charging. It’s based on the Mercedes V-Class people carrier and is equipped with five unique charging ports.
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It will act as a rolling test lab, promising to unlock faster, more convenient, and sustainable electric vehicle charging.
The ELF features two fast charging systems: A standard Combined Charging System (CCS) and a heavy-duty Megawatt Charging System (MCS).
The Mercedes-Benz ELF is equipped with two fast charging systems: MCS and CCS (Source: Mercedes-Benz)
Mercedes is “testing the limits of CCS,” claiming the ELF can achieve a charging capacity of up to 900 kW, or enough to add 100 kWh in about 10 minutes. The MCS system, on the other hand, was initially developed for heavy-duty electric trucks, which Mercedes says unlocks charging capacities in the megawatt range.
The company is already using the all-in-one mobile EV charging rig to improve charging on its upcoming vehicles.
The Mercedes-Benz Elf features five different charging ports (Source: Mercedes-Benz)
For example, the Concept AMG GT XX hit a peak charging power of 1,041 kW during megawatt charging after its record-breaking run in Nardò in August.
Mercedes collaborated with Alpitronic to develop a high-performance EV charging station capable of delivering up to 1,000 amps through a modified CCS commercial truck charger. The company is now using what it has learned to develop a new generation of ultra-fast chargers for use at Mercedes-Benz parks.
The Mercedes-Benz ELF (Source: Mercedes-Benz)
According to Mercedes, the new chargers will deliver speeds “that differ only minimally from the conventional refuelling process.”
The ELF is not only capable of absorbing electricity, but Mercedes-Benz is using it to its full potential with bidirectional charging capabilities.
The Mercedes-Benz ELF features Bidirectional charging (Source: Mercedes-Benz)
Capable of both AC and DC bidirectional charging, the ELF can feed energy into your home (Vehicle-to-Home/ V2H), the grid (Vehicle-to-Grid/ V2G), or electric devices (Vehicle-to-Load/ V2L).
Mercedes said a typical vehicle battery with a capacity of 70-100 kWh can power an average single-family home for two to four days.
The new electric CLA and GLC with EQ Technology are the first Mercedes vehicles that offer bidirectional charging capabilities. In 2026, the automaker will launch its first services for bidirectional charging in Germany, France, and the UK. Other markets are set to follow shortly after.
In combination with intelligent energy management, Mercedes said electricity costs can be significantly reduced. Depending on energy use, homeowners can save about 500 euros ($580) per year.
Mercedes-Benz is also using the ELF to test other charging methods, including cable-free induction and automated conductive charging.
The learnings from the ELF will be key to unlocking faster, more convenient, and sustainable charging for upcoming Mercedes-Benz EV models.
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Shares of U.S. rare earth and critical mineral miners surged Thursday after China tightened restrictions on exports, fuelling market speculation that the Trump administration will move more aggressively to invest in building out a domestic supply chain.
Beijing is now requiring foreign entities to obtain a license to export products that contain more than 0.1% of domestically sourced rare earths, according to China’s Ministry of Commerce. Companies will also need export licenses if they use China’s extraction, refining or magnet recycling technology.
“The White House and relevant agencies are closely assessing any impact from the new rules, which were announced without any notice and imposed in an apparent effort to exert control over the entire world’s technology supply chains,” a White House official told CNBC.
China imposed the restrictions ahead of an expected meeting between President Xi Jinping and President Donald Trump on the sidelines of the Asia-Pacific Economic Cooperation summit in Seoul, South Korea later this month. Rare earths have been a major point of contention in trade talks between Beijing and Washington.
‘Game of chicken’
The White House and the U.S. critical mineral industry have accused China of manipulating the market to drive foreign competition out of business. Rare earths are a subset of critical minerals that are crucial inputs for U.S. weapons platforms, robotics, electric vehicles and electronics among other applications.
The Trump administration has taken equity stakes in MP Materials, Lithium Americas and Trilogy Metals this year as it seeks to stand up a domestic supply chain against China.
USA Rare Earth and Energy Fuels have not struck deals with the White House, but their CEOs told CNBC that they are in close contact with the Trump administration.
“It’s going to take a lot of players to build out this marketplace,” USA Rare Earth CEO Barbara Humpton told CNBC on Oct. 2.
China’s export restrictions “help to ensure a strong position for Xi to sit down with Trump” on the sidlines of the summit in South Korea, Evercore ISI analyst Neo Wang told clients in a Thursday note.
“Although both Beijing and Washington learnt the lesson the hard way in their last exchange of export controls back in [April] and May, China’s stronger pain endurance rooted in its political system adds to the credibility of its threats in a game of chicken,” Wang wrote.
Move over, e-bikes – there’s a new way to get a power boost for cruising around town, and this one straps right to your legs. The Hypershell X Ultra is a high-tech wearable exoskeleton that delivers up to 1,000 watts of electric assist to your stride, giving “powered walking” the same kind of jolt that e-bikes gave to cycling.
The company behind it, Shanghai-based Hypershell, says the X Ultra is its most advanced performance exoskeleton yet, designed for hikers, runners, climbers, and even skiers who want to go farther and faster without wearing out their legs.
The new model uses a 1,000W “M-One Ultra” motor, around 25% more powerful than before, along with upgraded thermal management and improved energy efficiency. To put that in perspective, the US limits street-legal e-bikes to 750 watts of power, while the EU caps them at just 250 watts. That means this wearable device technically delivers more power to your legs than most legal e-bikes deliver to their wheels.
According to Hypershell, the X Ultra can reduce muscle load on the hips by up to 63%, lower heart rate by as much as 42% while cycling, and even cut oxygen consumption by nearly 40%. The system intelligently adapts to your movement using AI-powered gait mapping and offers 12 activity modes, including new ones for running, snow, and sand, that automatically adjust power delivery depending on terrain and intensity.
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Despite all the electronics, it’s surprisingly lightweight. The X Ultra uses titanium alloy and carbon fiber construction to keep the system at just 1.8 kg (4 lb), plus a 410 g (0.9 lb) battery pack. That 72Wh battery claims to deliver up to 65 km (40 miles) of assist when cycling or 30 km (18 miles) when walking, and the system can even regenerate energy on downhills for up to 10% extra range.
With a top speed of 25 km/h (15.5 mph), the $1,999 X Ultra is pricey, but could early adopters help it still kick off a new category of electric mobility where people are the vehicle? Let’s hear your thoughts in the comments section below.