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Hino Motors and REE Automotive Sign Business Alliance Agreement

Hino Motors and REE Automotive Sign Business Alliance Agreement May 03, 2021 12:04 PM ET Legal Newswire POWERED BY LAW.COM To realize and bring to market their shared vision of providing new value to society through next-generation commercial mobility The Alliance to combine Hino s knowledge and technologies as a commercial vehicle manufacturer closely attuned to customer needs with REE s innovative and highly competitive proprietary REEcorner™ EV technologies Assess business models for the co-creation of next generation electric mobility solutions to enhance new social value, promoting the use of mobility-driven data Companies aim to develop hardware prototypes by 2022 Hino Motors Co., Ltd. (Hino), a subsidiary of Toyota Motor Corporation, and REE Automotive Ltd. (REE), an innovator in e-mobility, today announced the signing of a strategic business alliance agreement to realize their shared vision of providing new value to society through next-generation commercial mo

Hino Motors and REE Automotive partner on electric commercial vehicles

Hino Motors and REE Automotive partner on electric commercial vehicles Hino Motors Co., Ltd., a subsidiary of Toyota Motor Corporation, and REE Automotive Ltd. (REE), the developer of a next-generation EV platform, signed a strategic business alliance agreement to realize their shared vision of “providing new value to society through next-generation commercial mobility.” Hino and REE will combine Hino’s knowledge and technologies as a commercial vehicle manufacturer closely attuned to customer needs with REE’s innovative and highly competitive proprietary REEcorner EV technologies. The next-generation commercial mobility solution to be jointly developed by Hino and REE will consist of a modular platform (Powered by REE) that will carry a customized Mobility Service Module on top. The Mobility Service Module which will carry passengers, goods and deliver services would address a wide variety of current and future applications aligned with customer requirements, aimed to pro

Hino Motors and REE Automotive Sign Business Alliance Agreement

Hino Motors and REE Automotive Sign Business Alliance Agreement Aiming to create new value through next-generation commercial mobility News provided by Share this article HINO MOTORS & REE NEXT-GENERATION COMMERCIAL MOBILITY CONCEPT (PRNewsfoto/REE Automotive) FLATFORMER CONCEPT SHOWN AT 2019 TOKYO MOTOR SHOW (PRNewsfoto/REE Automotive) HINO AND REE AT SIGNING OF BUSINESS ALLIANCE AGREEMENT TEL AVIV-TOKYO (PRNewsfoto/REE Automotive) To realize and bring to market their shared vision of providing new value to society through next-generation commercial mobility The Alliance to combine Hino s knowledge and technologies as a commercial vehicle manufacturer closely attuned to customer needs with REE s innovative and highly competitive proprietary REEcorner™ EV technologies

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