April 20, 2024

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Israeli startup REE unveiled 3 new prototypes for EV market 

Israeli startup REE

Israeli startup REE unveiled 3 new prototypes for EV market 

Israeli startup REE unveiled 3 new prototypes for its next-generation vehicle platforms which are based on flat, modular chassis design and function. REE has developed an entirely flat and modular platform in which the motor, steering, suspension, drivetrain, sensing, brakes, thermal systems, and electronics are all integrated into the vehicle’s wheels.

The company says that flat design offers customers the freedom to place any shape or size of the body design on top. REE offers that its platform architecture “answers the exponential demand for entirely new types of EVs particularly commercial vehicles-driven by the surge in e-commerce, a trend further accelerated by COVID-19.”

Israeli startup REE

The 3 prototypes include the P1 platform of up to 1.3-ton of GVW (gross vehicle weight) and are geared for last-mile inter-city delivery applications. The P2 platform of up to 2.5-tons GVW is designed to transport passengers and cargo. The P4 platform of up to 4.5-tons GVW that is uniquely built for the North American market delivery segment.

“EVs, particularly e-delivery vehicles, are in huge demand, with growth drivers including global carbon-emission regulatory policies coupled with booming e-commerce,” said Daniel Barel, CEO and co-founder of REE.

“Our modular platform is set to revolutionize electric mobility and as we shared today, the journey is well underway. Our platform provides the perfect blank canvas for our customers on which to build EVs tailored to their needs, whether it’s a fully autonomous last-mile delivery vehicle, a spacious yet compact urban shuttle, or a flexible delivery truck with higher load capacity on a smaller footprint.”

“REE’s ambition is to be the industry leader in next-gen EV platforms,” he added. REE has drawn some major investors including Mitsubishi, Mushashi, Linamar, Tenneco, and NSK Americas, who also serve as development and production partners for the startup.

The company signed an agreement with global OEM Mahindra for the development and production of an initial capacity of up to 250,000 electric vehicles aimed at the commercial market.

Mahindra signed MoU with REE 

Recently the Indian Leading automaker Mahindra and Mahindra signed a memorandum of understanding (MOU) with Israel based e-mobility firm REE Automotive to develop and manufacture electric commercial vehicles for global markets.

As per MoU the electric vehicle design, engineering, manufacturing assets and sourcing capability will be of Mahindra’s and REE will look for electric vehicle corner module, platform technology of integrating powertrain, suspension and steering components in the arch of a vehicle wheel.

This will support REE’s global customer need for 2 lakh to 2.5 lakh electric commercial vehicle units over a few years. “We are excited to partner with Mahindra to explore synergies that will allow us to address our customers’ needs based on Mahindra’s footprint and capabilities,”

“Mahindra’s unique cost structure, design and engineering capabilities and volume flexibility will be key to our ability to address the majority of the commercial EV market with both large-volume vehicles as well as more targeted mission-specific vehicles,” REE Co-founder and Chief Executive Officer Daniel Barel said.

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