PR85969

TEL AVIV, Israel, Oct. 7, 2020 /PRNewswire=KYODO JBN/ --

REE's innovative architecture is becoming the cornerstone of the broadest range

of electric and autonomous vehicles

- Three platforms point to future EVs, including last and mid-mile delivery,

commercial & MaaS vehicles

- All platforms are based on the advanced REEcorner module which utilizes full

X-by-Wire technology for steering, braking and drive all in the arch of the

wheel, enabling a fully-flat chassis

- The wide array of REE's modular platforms offer unprecedented design freedom

to create any EV; from last and mid-mile delivery vans to commercial vehicles

and autonomous shuttles

- Watch the video [https://www.youtube.com/watch?v=_tWXu372O3k&feature=youtu.be ]

REE Automotive (REE), the electric vehicle platform leader reshaping

e-Mobility, today releases an all-new video showing not one, but three

prototypes of its next-generation EV platforms.

Presenting a vision for a range of future electric delivery vehicles, each

fully operational prototype features REE's revolutionary, modular and flexible

platform architecture, which 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.

REE's EV platform consists of the REEcorner which powers full X-by-Wire

technology for steering, braking and drive, and integrates all drivetrain,

powertrain, suspension and steering components into the arch of the wheel.

In addition, the breakthrough REEboard - which enables the EV platform to be

completely flat - offers customers the freedom to  place any shape or size of

body design on top.

Daniel Barel, REE Co-Founder and CEO: "EVs, particularly e-delivery vehicles,

are in huge demand, with growth drivers including global carbon-emission

regulatory policies coupled with a boom e-commerce. There is also a rapid rise

in 'mobility as a service' (MaaS). 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 capability on a smaller footprint."  

Real-world proof of concept

In the video REE showcases three of its modular next-generation EV platforms on

the track, demonstrating its mastery of X-by-Wire technology in P1, P2 and P4

platforms. The P1 platform of up to 1.3-ton GVW is geared for LSV last-mile

inner-city delivery applications. The P2 platform scales up to 2.5-tons GVW and

is designed to transport passengers and cargo. TheP4 platform offers up to

4.5-tons GVW and is uniquely built for the North American market delivery segment.

OEM and Tier 1 strategic partnerships

REE's groundbreaking approach provides customers with solutions to meet the

huge demand in e-mobility and e-commerce. The industry-leading advantages of

REE's next-generation electric platform, combined with REE's unprecedented

business model, has already led to the company being chosen by world-leading

OEMs and mobility service providers.

In August 2020, REE signed a memorandum of understanding with global OEM

Mahindra to establish a strategic collaboration for the development and

production of an initial capacity of up to 250,000 electric vehicles aimed at

the commercial market. This follows on from partnerships REE had already

successfully established with multinationals of the highest caliber, such as

AAM, KYB, Musashi, NSK and Mitsubishi Corporation.

REE's technology has also earned numerous prestigious industry accolades. In

2020 alone, REE received a BloombergNEF Pioneer Award, an ACES Electrification

& Mobility Services Award and a European Product Design Honor Mention Award.

The company was also named as TU-Automotive Tech Company of the Year and a Fast

Company World's Most Innovative Company.

Autonomous-ready and X-by-Wire control

REE's modular platform technology enables customers to choose the size that

perfectly suits their vehicle requirements while the company's industry-unique

technology offers a choice of REEcorner modules, each with different sizing

based on platform weight, dimensions and targeted applications.

Of the three platforms showcased, two feature different REEcorners.  

This world-first adaptive approach elevates REE above the rest of the industry

and gives customers a crucial advantage, enabling them to design

mission-specific EVs unrestricted by a limited choice of platforms or a single

electric powertrain. All REE platforms are autonomous ready and are fully

compatible with any ADAS interface. Multiple redundancy systems, coupled with

X-by Wire control of steering, braking and drive ensure the highest possible

efficiency and safety standards.

Thus, companies including OEMs, delivery, logistic and retail as well as new

technology players can fully leverage the advantages of REE's versatile

platform to design EVs tailored to their exact needs and specifications.

Daniel Barel, REE Co-Founder and CEO, concluded: "REE's ambition is to be the

industry leader in next-gen EV platforms. Already we have strategically

partnered with key global OEMs and Tier 1 suppliers, including Mahindra and

KYB, to develop the EVs of tomorrow. Our adaptable, modular platforms provide

the perfect solution for future mobility solutions, offering versatility and

freedom of design - for commercial EVs, autonomous last-mile delivery pods

and beyond. And with the unprecedented boom in e-commerce accelerated by COVID

19, the need for EV fleets is increasing exponentially. Our vision, to make REE

platforms the cornerstone of zero-emission EVs and AVs, is becoming a reality."

About REE Automotive

REE Automotive is a pioneering technology company reinventing e-mobility.

Unrestricted by legacy thinking, REE has developed the next generation EV

platform which is completely flat, scalable and modular providing customers

full design freedom to create the broadest range of EV, and Autonomous vehicles

for current and future applications, including last mile delivery, MaaS, light to

medium duty EV logistics and robo taxis. REE has developed two core innovations;

the REEcorner integrates all traditional vehicle components (steering, braking,

suspension, e-motor) into the arch of the wheel and the REEboard which is

a completely flat and modular platform. REE's approach is cost efficient and

offers multiple customer benefits, including vehicle design freedom, package efficiency,

increased energy efficiency, faster development time, ADAS compatibility, reduced

maintenance and global safety standard compliance. REE is supported by a network of

Tier 1 partners providing access to 320 global production lines making REE the next

generation EV platform, ready to carry the future of E-Mobility. For more

information visit www.ree.auto.

Video: https://www.youtube.com/watch?v=_tWXu372O3k&feature=youtu.be 

Photo: https://mma.prnewswire.com/media/1308231/Daniel_Barel__REE_Co_Founder_and_CEO.jpg 

Photo: https://mma.prnewswire.com/media/1308232/Daniel_Barel.jpg 

Photo: https://mma.prnewswire.com/media/1308233/Next_gen_platforms.jpg 

Photo: https://mma.prnewswire.com/media/1308234/Picture_of_3_platforms.jpg 

Photo: https://mma.prnewswire.com/media/1308235/REE_EV_platforms_on_track.jpg 

Logo: https://mma.prnewswire.com/media/1171041/REE_Automotive_Logo.jpg 

Source: REE Automotive