REE Automotive

REE Automotive and Hino Motors, a subsidiary of Toyota Motor Group, announced a business alliance to design and produce solutions in “next-generation commercial mobility.” The alliance will combine Hino’s experience as a commercial vehicle manufacturer with REE’s proprietary REEcorner technologies. The result should be a unique modular platform capable of serving a multitude of various purposes.

REE Automotive has announced a “strategic collaboration” with Magna International, which will allow both companies to explore the possibilities of fully modular electric vehicles (MEVs) and bring them to market. According to a press release, these MEVs will be based around the REEcorner technology and will don a “Powered by REE” brand.

Israeli EV startup REE Automotive, just unveiled its new approach to drive components and platforms. Named REEcorners, these proprietary systems fuse all of the vital parts of an EV together between the chassis and wheel. Combined with its modular EV platforms, REE Automotive sees its technology as a cornerstone for the future of electrified mobility.