REE Automotive Ltd., founded in 2011 and headquartered in Tel Aviv, Israel, is an automotive technology company that has developed a modular electric vehicle platform. This platform integrates the vehicle's critical components into the wheel arches, known as the REEcorner®, allowing for a flat chassis and enhanced design flexibility. REE's technology supports various applications, including commercial vehicles, autonomous vehicles, and mobility-as-a-service. The company collaborates with industry leaders to accelerate the adoption of electric mobility and offers solutions that are scalable, efficient, and tailored to meet the evolving needs of the automotive industry.
Mahindra & Mahindra, part of USD 19.4 billion Mahindra Group, and REE Automotive today signed a memorandum of understanding (MOU) to explore development and manufacturing of electric commercial vehicles for global markets.