The Israeli designer of zero-emission commercial vehicle concepts made a net loss of USD 46.7m, compared to a USD10.7m loss in the same period of 2020.

David Goldberg will take over from Hai Aviv, effective February 2022.

The P7 modular platform is designed to serve as a Class 3-5 commercial vehicle, with its fully-flat chassis providing a maximum payload of 8,800 lbs.

The two companies aim to support customers in manufacturing EVs, setting up charging infrastructure, and managing their fleets by providing 'Data as a Service' and 'Analysis as a Service'.

REE Automotive unveiled an autonomous concept vehicle in order to showcase one of the potential applications of its modular electric vehicle platform.

REE Automotive has announced a strategic collaboration with EAVX, a wholly-owned business unit of US truck body builder, JB Poindexter & Co, to build light-duty e-trucks.

REE Automotive has completed its merger with 10X Capital Venture Acquisition Corporation on July 22, 2021, following approval of shareholders.

American Axle & Manufacturing Inc of Detroit, Michigan, a supplier of drive axles and metal forming technologies, and ‘electric skateboard chassis builder,’ REE Automotive of Tel Aviv, Israel, have agreed to develop jointly a new electric propulsion system for commercial vehicles.

REE Automotive Ltd of Tel Aviv, Israel, an electric ‘skateboard’ chassis builder - which integrates critical vehicle components into the arch of the wheel - and special purpose acquisition company, 10X Capital Venture Acquisition Corporation of New York, USA, are to merge following agreement in January for a business combination that would result in REE Automotive becoming a publicly listed company of the New York NASDAQ.

Hino Motors Ltd of Hino-shi and ‘electric skateboard chassis builder,’ REE Automotive (REE*) of Tel Aviv, Israel, have signed a strategic business alliance agreement to realise their shared vision of “providing new value to society through next-generation commercial mobility.”