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Middle East & North Africa

Israel

Israel

|

Connectivity

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Investment

Volvo Venture Capital invests in route-planning software firm

By Bradley Osborne – 24th July 2022

An undisclosed sum has been invested in Optibus, a software developer specialising in public transportation management tools for planning workable routes, timetables and rotas.

UK

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Electric Drive

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Manufacture

REE Automotive to scale up production capacity to 20,000 units by end of 2023

By Bradley Osborne – 21st June 2022

The Israeli firm is currently preparing a 130,000-sq-ft facility for the production of 'P7' Class 3-5 commercial electric vehicle platforms in Coventry, UK, which will be followed by another site in Texas, USA.

Israel

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Appointment

REE Automotive appoints former Tesla employee as COO

By Bradley Osborne – 10th May 2022

The Israeli designer of zero-emission vehicle platforms has appointed Josh Tech as Chief Operations Officer, replacing Michael Charlton, who will now serve as strategic advisor on manufacturing.

Israel

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Performance

REE Automotive releases Q4 2021 results

By Bradley Osborne – 18th April 2022

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.

Israel

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Appointment

REE Automotive appoints Chief Financial Officer

By Bradley Osborne – 10th January 2022

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

Israel

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Product

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Electric Drive

REE Automotive to begin customer trials of electric CV platform this year

By Bradley Osborne – 10th January 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.

Israel

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USA

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AI, Digitalisation & Robotics

REE Automotive and Hitachi America to create digital platform offering turnkey solutions for EV customers

By Bradley Osborne – 20th December 2021

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'.

Connectivity

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Italy

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Israel

Enel X and Optibus partner for eBus management solution

By Will Hall – 13th December 2021

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.

Israel

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Autonomous Vehicles

REE Automotive unveils autonomous concept vehicle

By Bradley Osborne – 29th November 2021

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

Israel

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Infrastructure & Refuelling

GenCell and E.V. Motors partner to supply off-grid EV charging systems

By Will Hall – 15th November 2021

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

Spain

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Israel

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Electric Drive

BYD secures orders for 12m eBus in Spain and Israel

By Will Hall – 15th November 2021

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.

Israel

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AI, Digitalisation & Robotics

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Mergers, Acquisitions & Disposals

Knorr-Bremse acquires minority stake in Israeli AI start-up

By Will Hall – 25th October 2021

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).

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    • Electrical Systems & Components
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    • Hydrogen Fuel Cells
    • Interior Components
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    • Steering Systems
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