REE Automotive Ltd (REE) announced a strategic collaboration agreement with Magna International to bring to market Modular Electric Vehicles (MEVs) for tech companies and new electric mobility players under the “Powered by REE” brand. The strategic collaboration will explore the combination of REE’s REEcorner technology (earlier post) with Magna’s vehicle.
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Washtenaw County residents aged 50 and over may not get out and about as easily as younger folks. It can be even harder for those with less financial means
Monday, 12 April 2021
REE Automotive Ltd (REE), an electric mobility innovator which recently announced its merger with 10X Capital Venture Acquisition Corp. has formed a strategic collaboration with Magna International Inc., a mobility technology company, with the goal of bringing to market innovative, full-fledged Modular Electric Vehicles (MEVs) for tech companies and new electric mobility players under the ‘Powered by REE’ brand. REE EV platform (REE)
The strategic collaboration will explore the combination of REE’s REEcorner™ technology with Magna’s vehicle systems integration expertise and world-class manufacturing capabilities, to develop MEVs that enable commercial customers to customize vehicles based on their specifications and branding, while accelerating time to market.