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REE

REE closes $15M share offering, demos EV at Work Truck Week

EV startup REE Automotive is off to a newsworthy week so far, dropping three separate updates regarding its business strategies and unique technology. In addition to a new collaboration to provide technology to aerospace developer Airbus UpNext, REE closed a public offering of ordinary shares this morning, totaling close to $15 million. Lastly, the public is getting its first public look at REE’s all-electric demo vehicle at Work Truck Week 2024. REE Automotive, Inc. ($REE) remains a nascent EV startup…

REE P7-C Makes History As World’s First All-Wire-Controlled Vehicle

REE P7-C Makes History As World's First All-Wire-Controlled Vehicle. (Photo: Global Village Space)What sets it apart is its ‘everything-by-wire’ design, where steering, braking & driving are all controlled by electronic signals.In a leap towards the future of electric vehicles (EVs), the REE P7-C has secured approval for use on American roads, marking a significant milestone as the world’s first fully ‘everything-by-wire’ vehicle.With an innovative approach that severs traditional mechanical linkages, the REE P7-C is…

REE Automotive’s P7-C becomes first ‘x-by-wire’ EV certified in US

Two years after first announcing its P7 EV platform, REE Automotive has achieved US certification for the first-ever vehicle that operates entirely through steer-by-wire, brake-by-wire, and drive-by-wire technology. Following the achievement, REE has begun deliveries of its P7-C electric truck. REE Automotive, Inc.’s ($REE) most recent milestone comes during a busy news week during CES 2024. It was two years ago at CES 2022 when the EV startup first introduced its modular P7 platform, designed with…

REE Automotive partners with Japanese KYB to develop next-gen EV platform, ET Auto

The REE platform is flat, modular, and expandable, REE Automotive believes this configuration has enormous promise because it will provide for people purchasing a chassis total design flexibility for their vehicle.The Japanese suspension producer KYB Corporation and REE Automotive have established a new strategic alliance to prepare for the future of transportation. The new alliance is meant to assist both businesses in creating a new, scalable electric vehicle platform

REE Automotive adds new chassis cab to its electric platform lineup

EV mobility developer REE Automotive has unveiled its latest vehicle design atop its modular P7 EV platform. The P7-C chassis cab completes REE’s trio of Class 3-5 electric truck options for commercial customers and will begin deliveries later this year. REE Automotive ($REE) develops and manufactures modular battery EV platforms for B2B transactions that are propelled by its proprietary REEcorner technology. These corners integrate all the traditional drive components (steering, braking,…

REE Automotive taps Microvast as battery supplier for EV platforms

EV mobility developer REE Automotive has publicly revealed who will supply the battery packs to its modular platforms. Microvast has signed a supply agreement with REE to provide its high-energy lithium-ion battery packs to “Powered by REE” modular EV technology as the latter works to bring commercial EVs to market, beginning with the P7 platform. REE Automotive ($REE) is an e-mobility solutions company headquartered in Herzliya, Israel, but has additional offices in the UK and Germany that…

REE debuts electric delivery truck

REE Automotive, an automotive technology company and provider of electric vehicle (EV) platforms, has announced P7-B, a class 3 delivery truck built on a P7 cab chassis, following intensive customer evaluations at REE’s UK Engineering Center. The new P7-B is part of a fleet of vehicles available to prospective customers to evaluate, test, and experience the unique agility, performance, and design enabled by REE’s novel…

REE Automotive unveils Class 3 box truck powered by P7 chassis

Modular transportation developer REE Automotive has debuted the P7-B, a novel Class 3 box truck designed and built by REE to target the most in-demand vehicle type in the commercial segment. The truck sits atop REE Automotive’s P7 cab chassis and is powered by the company’s proprietary REEcorner technology. REE Automotive ($REE) is an e-mobility solutions company headquartered in Herzliya, Israel, with additional offices in the UK and Germany. Last summer, REE announced a new US headquarters planned for Austin,…

REE begins live demos of electric delivery van built on its modular chassis

Back in January, REE Automotive began testing a new electric vehicle chassis for trucks and buses dubbed the P7. Now the company has teamed up with JB Poindexter's EAVX and Morgan Olson to begin live demonstrations and customer evaluations of a new walk-in step van prototype based on the platform.The P7 platform has been developed for Class 3 to 5 vehicles with payloads up to 8,800 lb (3,991.6 kg) and a per-charge range of up to 370 miles (595.5 km). REEcorners technology sees a motor, brakes, suspension and steering…

REE Automotive shares live demonstrations of electric van

One year after announcing a collaboration with JB Poindexter subsidiary EAVX to develop commercial EVs, REE Automotive has officially unveiled the Proxima electric van, kicking off live demonstrations and customer evaluations in the US. REE Automotive ($REE) is an e-mobility solutions company headquartered in Herzliya, Israel, with additional footprints in the US, UK, and Germany. Last summer, REE announced a new US headquarters planned for Austin, which is scheduled to open sometime this year. The company…