REE Automotive (REE), the electric platform leader reinventing e-Mobility, has won the 2020 BloombergNEF (BNEF) Pioneer award. Candidates were scrutinized against three demanding criteria:
- the potential to scale the opportunity;
- the level of innovation of the technology or business model and the novelty it brings to the market;
- and momentum as demonstrated by strong commercial development.
They has been named as one of ten game-changing companies by Bloomberg – the global business and financial information news leader – for its breakthrough EV platform, which is completely flat, scalable and modular and offers customers full design freedom to create the broadest range of EV and autonomous vehicles for current and future use.
Bringing a disruptive approach to automotive legacy design, they patented REEcorner modules integrate all drivetrain, powertrain, suspension and steering components into the arch of the wheel – a pioneering by-wire control system that carries a totally flat, autonomous-ready EV platform, designed to fulfill existing and future e-mobility applications.
Main benefits are increased space, total body design freedom and greatly reduced total cost of ownership (TCO). For example, each corner can be replaced in less than an hour, significantly minimizing vehicle downtime.
This new platform approach, together with its exclusive network of Tier 1 partners, provides access to hundreds of production lines. All of which means that this company is playing a defining role in leading the transition to a low carbon economy.
This is a Syndicate News-Feed; edited by Clean-Future Team