Electric vehicle developer creating 200 jobs near Hinckley
Israeli tech company REE Automotive picks Horiba MIRA as base for £66.4 million UK engineering centre
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Up to 200 skilled jobs are set to be created by an electric vehicle developer in Leicestershire.
Israeli electric vehicle developer creating 200 UK jobs
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REE Automotive opens new engineering centre in Warwickshire
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REE’s REEcorner architecture integrates components including braking, electric-motor, steering, and suspension into the wheel arch before being integrated into a flat, battery-packed chassis. According to REE, this capability gives customers full design freedom to create the broadest range of electric and autonomous vehicles (AVs). The company added that EVs and AVs built on REEcorner and EV platform technology will offer more room for passengers, cargo, and batteries and that its proprietary technology is agnostic to vehicle size and design, power-source and driving mode.
In a statement, Daniel Barel, REE’s Co-Founder and CEO said: “I am excited to announce another major milestone for REE towards bringing our technology and products to the market as we expand our global footprint. With the recent announcement that we plan to go public via a SPAC [special purpose acquisition company] through our merger with 10X Capital Venture Acquisition Corp. and funding from long-term strat