Mahindra and Ree Automotive Agree to Collaborate on Development of Electric Commercial Vehicles
Mahindra & Mahindra, the Indian vehicle manufacturer that is part of the Mahindra Group, and REE Automotive, the Israel-based developer of electric vehicle technology, have signed a memorandum of understanding (MOU) to explore development and manufacturing of electric commercial vehicles.
The collaboration will leverage REE’s electric vehicle corner module and platform technology of integrating powertrain, suspension and steering components in the arch of a vehicle wheel.
REE says its technology is designed for current and future e-mobility applications, including autonomous vehicles, and offers significant benefits in terms of weight, space and body design flexibility. The scalability of the platform means it can work for any form of electric vehicle such as commercial vehicles, mid-duty delivery trucks, last mile delivery, passenger cars, taxis and shuttles.
The companies say that REE’s architecture will enhance Mahindra’s capabilities in the electric vehicle sector while REE will leverage Mahindra’s global presence and its volume flexibility capability as well as its engineering and product development expertise.
“Our collaboration with REE has the potential to bring a disruptive approach to a new age of vehicles capitalizing on our respective strengths,” said Rajesh Jejurikar, Executive Director (Auto and Farm Sectors), Mahindra & Mahindra. “The competitive advantages of REE’s corner modular architecture with our experience in conventional vehicle system design, engineering, sourcing ecosystem and significant production capacity, provides a perfect match to deliver exciting zero emission vehicles, including autonomous vehicles, that can meet customer needs as never before.”
17 September 2020