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'.

Enel X will collaborate with Optibus to create an end-to-end solution for electric bus operators. The solution will combine Enel X’s EV charging infrastructure with Optibus’ planning and scheduling software.

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

Israeli firms GenCell and E.V. Motors have announced a partnership to develop off-grid EV charging stations powered by hydrogen and ammonia.

BYD Inc has received orders for 100 units of its 12m eBus from Israel, and a further 25 units from Spain. The purchase forms a component of the city of Barcelona's wider sustainability strategy.

Munich-based braking systems manufacturer Knorr-Bremse AG has announced it has acquired a 5% minority shareholding in Israeli start-up Autobrains Technologies Ltd based in Tel Aviv-Yafo. Autobrains supplies video perception technology and advanced driver assistance systems (ADAS).

Volvo Group Venture Capital AB has announced a new investment in Foretellix, a company specialising in the verification of autonomous driving systems, based in Tel Aviv, Israel.

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.