Archives: Press Releases

REE Automotive Signs Strategic Collaboration Agreement with Magna

Collaboration aims to bring to market fully Modular Electric Vehicles (MEVs) ‘Powered by REE’, to fulfill the growing needs for next generation EV of leading tech companies and new electric mobility players, accelerating their time-to-market at scale. REE and Magna to explore Modular Electric Vehicles to be ‘Powered by REE’, based on REEcornerTM Technology Establishment …

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REE Unveils New REEcorners™ and EV Platforms Designed to Support the Broadest Range of Commercial Electric Vehicles

The REEcorners™ are designed to support the largest range of vehicle and market segments. The new and improved REEcorner™ designed to improve REE’s modularity by introducing enhanced steering and drive configurations, e-motor power output and payload capabilities. REEcorners™ are highly differentiated from, and have significant advantages over competing solutions, including conventional, “motor-between-the-wheels” EV skateboards, as …

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REE Automotive Opens New Engineering Center of Excellence

Company preps for mass production of its breakthrough electric vehicle platform technology New REE Engineering Center to accelerate engineering design, validation, verification and testing, as well as product homologation Center to support REE’s capex-light global manufacturing strategy of multiple integration centers REE plans a $92 million dollar investment during the next three years in the …

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REE forms strategic partnership with Iochpe-Maxion to develop and manufacture exclusive wheel and chassis designs for its modular EV platform

(Tel Aviv – November 11, 2020) – REE Automotive (REE), the electric platform leader reinventing e-Mobility, and Iochpe-Maxion, a multi-billion dollar global leader in the production of automotive wheels and a leading producer of automotive structural components in the Americas, announced today a partnership to co-develop and manufacture an exclusive wheel design and chassis solution …

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Mahindra and REE Automotive Sign an MOU to Establish a Strategic Collaboration for the Development of Electric Commercial Vehicles

Partnership to leverage REE’s corner module and modular platform technology and Mahindra’s vehicle design, engineering, sourcing capability and manufacturing assets. MOU is primarily aimed at global markets with current global volume estimated over time at 200,000- 250,000 units. Mumbai/Tel Aviv, 26th August 2020 – Mahindra & Mahindra, part of USD 19.4 billion Mahindra Group, and …

Mahindra and REE Automotive Sign an MOU to Establish a Strategic Collaboration for the Development of Electric Commercial Vehicles Read More »

REE Automotive wins 2020 BloombergNEF Pioneer Award with game-changing EV platform technology ready to carry the future of e-Mobility

(Tel Aviv – July 14th, 2020) – REE Automotive (REE), the electric platform leader reinventing e-Mobility, has won the 2020 BloombergNEF (BNEF) Pioneer award. REE has been named as one of ten game-changing companies by Bloomberg – the global business and financial information news leader – for its breakthrough EV platform, which is completely flat, …

REE Automotive wins 2020 BloombergNEF Pioneer Award with game-changing EV platform technology ready to carry the future of e-Mobility Read More »

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