Automotive engineering

REE Automotive Engineering Center to Move to MIRA Technology Park in UK

Israel-based REE Automotive, which recently announced its merger with 10X Capital Venture Acquisition to go public, announced the establishment of a new cutting-edge engineering center of excellence at MIRA Technology Park in the UK. The new center will accelerate REE’s strategic plans to meet expected global demand for its REEcorner platform technology and electric vehicle (EV).

The Engineering Center will spearhead the engineering design, validation, verification and testing of REEcorner and the EV platform, as well as product certification. REE will also have access to world-class testing facilities and a proving ground for physical testing and validation of the REEcorner and EV platform at MIRA Technology Park in the UK.

The company claims that with its unique Lean Capital Expenditure manufacturing model, it will utilize integration centers located around the world, creating a scalable and agile unity economy. It intends to assemble components at its integration centers, reducing investment needs, and plans to establish a network of 15 integration centers, the first to open in the United States in 2021. REE plans to manufacture through a secure and exclusive global network of Tier 1 Partners in over 30 countries, with point-of-sale assembly.

Daniel Barel, Co-Founder and CEO of REE Automotive said: “I am delighted to announce another important milestone for REE in bringing our technology and products to market as we expand our global footprint. With the recent announcement of our intention to go public through a SPAC through our merger with 10X Capital Venture Acquisition and funding from long-term strategic investors, including Koch Strategic Platforms, Mahindra & Mahindra and Magna International, REE would have sufficient capital to accelerate mass production of REEcorner technology and modular platforms for electric vehicles. The first REEcorners are expected to be delivered to customers in 2022, with mass production starting in 2023. This new engineering center is a state-of-the-art facility allowing us to speed up our validation, verification and testing as well as product approval. “

REE’s technology allows global mobility companies the flexibility to build self-driving electric cars, vans and trucks of any size or shape, for any application and target market. Its exclusive REEcorner X-by-wire technology integrates all critical vehicle components (steering, braking, suspension, powertrain and control) into the wheel arch. This concept, unique to REE, enables a completely flat and modular electric chassis and gives customers complete design freedom to create the widest range of electric and autonomous vehicles.

Electric vehicles and AV vehicles built on REEcorner and EV platform technology will provide more space for passengers, cargo and batteries in a way unprecedented in the industry. REE’s proprietary technology is independent of vehicle size and design, power source, and driving mode (human or autonomous).

REEcorner integrates all drivetrain, powertrain, suspension and steering components into the wheel arch, allowing the REEboard to be a fully flat, modular electric chassis.

Lord Grimstone de Boscobel Kt, Minister of Investment at the Department for International Trade: “The UK is the most welcoming place for a pioneering automotive company like REE thanks to our leadership in the areas of FAO and electrification of vehicles. the Electric Revolution program, which advances new solutions in the fields of power electronics, engines and automotive drives, was instrumental in bringing this exciting investment to the UK. I wish the company every success in its new home.

Mike Charlton, COO, REE, who is responsible for the launch, said: “A key element in our decision to establish our presence in the UK is the UK government’s forward-thinking vision and zero emissions policy which align perfectly with REE’s goal of heralding a more sustainable and greener future for our generation and those to come.

The opening of REE’s new engineering center at MIRA Technology Park in the UK, Europe’s leading mobility R&D site for the development of the latest automotive technologies, is expected to create around 200 highly skilled jobs over the next few years .

Autocar Professional February 15 issue features exclusive Daniel Barel column from REE Automotive