Summary List Placement
REE Automotive is developing electric vehicle platforms that can turn into cargo delivery trucks, passenger shuttles, and more.
Unlike most major automakers looking to build fully fledged electric vehicles, REE is taking the business approach of creating multi-sized electric vehicle platforms, an idea that other makers like Daimler, Volkswagen, General Motors, startup Karma Automotive, and even the German Aerospace Center have started exploring as well.
According to REE’s co-founder and CEO Daniel Barel, building a scalable “one platform fits all” product, instead of a full vehicle, is strategic.
“When you want to change a vehicle, there is a ripple effect, and you have to literally invent a brand new vehicle” Barel told Business Insider in an interview. “The reason that REE is so different is because we are the cornerstone of the automotive world today.”
“This is what makes us probably the biggest in the world because we are where everybody starts when they want to build a new vehicle,” Barel continued. “Because our platforms are so modular, they can take any shape in any size.”
According to Barel, the Israeli company’s platforms can be used by a list of industries, such as original equipments manufacturers, e-commerce businesses, and delivery and logistics companies, all within the commercial and light truck segments.
“We work with everybody,” Barel said. “Literally with everybody.”
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The list of potential clients also include automaker giants that don’t have an electric platform yet. In cases like those, the automakers only have a few options, according to Barel: spend large sums of money and time to build a platform, buy a platform that may not be ideal for the automaker, or partner with REE and use its multi-sized platforms.
“We don’t want to have a brand or a logo on the vehicle,” Barel said. “We just want to be powering those platforms.”
Three of REE’s platforms — the P1, P2, and P4 — have already been tested on a track.
The P1, which is designed for last-mile deliveries in cities, has a 1.3-ton gross vehicle mass. According to its maker, the platform has a carbon footprint that’s 67% less than the traditional cargo delivery vehicle.
The P2 sizes up as a suburban cargo and people transport vehicle with a 2.5-ton gross vehicle mass. The P2 can hold up to five people with the same carbon footprint as a two-seater Smart car, according to REE.
According to REE, the largest of the three that were just trialed, the P4, was designed “for the North American market delivery” industry with its 4.5-ton gross vehicle mass. The platform can serve as a “light commercial vehicle,” shuttle, or cargo delivery van.
REE’s arsenal also includes the P6, which goes up to 6 tons and can be used as a medium-duty shuttle or a mid-mile cargo delivery vehicle like FedEx or UPS trucks, according to Barel.
The largest in REE’s lineup is the …read more
Source:: Businessinsider – Tech