All of these changes increase the level of efficiency of the vehicle, and in turn, its electrification process, as the strain on the batteries is reduced, and the power of the vehicle lasts longer.
All crucial aspects for electric and autonomous vehicles.
"One Size Fits All"
Be it a 10-ton cross-country truck, or a robotaxi, the platform fits all types of electric vehicles.
Specifically built to be tailored to each and every vehicle type, REE's innovative platform will work for all automakers, mobility providers, and delivery companies.
REE's technology has meant that they have created the basis for all vehicles.
How Will This Technology Benefit the Automotive Industry?
To begin with, electric vehicles will undoubtedly be a significant, if not most important, part of the future of mobility. Already, automotive manufacturers and companies are investing time and energy into improving this section of the industry.
"It is clear the path to autonomous vehicles is intertwined with the electrification of vehicles," as Barel said.
Thus, REE's universal platform will be able to replace the multiple ones that OEMs (original equipment manufacturers) are creating and using—and save the industry billions of dollars.
Typically, the validation and creation of one platform costs manufacturers $20 billion, so with simply one platform being used in the future, costs will drastically drop.
On top of this safety, performance, and efficiency will be improved.
REE already has contracts with leading OEMs and Tier-1 and Tier-2 automotive companies such as Mistubishi Corporation, Mushashi, Linamar, Tenneco and NXP.
The cost of these chassis' is yet to be disclosed, but we'll bet that in the long run, they'll keep manufacturing costs at an all-time low.