EDGE
Book a demo

All Updates

Filter
Product updates
REE Automotive commences trials of its P7 delivery platform
Truck Industry Tech
Jan 5
This week:
Funding
CareHarmony raises USD 15 million in Series A funding
Preventive Healthcare
Today
M&A
Thoma Bravo reportedly in early stage talks to acquire cybersecurity firm Darktrace
Next-gen Cybersecurity
Today
Funding
Mycel raises USD 10 million in pre-Series A funding
Sustainable Materials
Today
Funding
BankiFi raises GBP 4 million in funding
FinTech Infrastructure
Yesterday
Earnings/results
AEye Q2 2022 update: Revenue down 6.2% YoY amid declines in prototype sales and development contracts
Auto Tech
Yesterday
Earnings/results
Wejo posts strong Q2 2022 top-line growth with +100% growth in customer base; reaffirms FY2022 revenue guidance
Smart Mobility Information
Yesterday
Earnings/results
Wejo posts strong Q2 2022 top-line growth with +100% growth in customer base; reaffirms FY2022 revenue guidance
Auto Tech
Yesterday
Earnings/results
Biotricity, beats analyst estimates in Q1 FY2023 earnings, maintains gross profit margins of 60%
TeleHealth
Yesterday
Earnings/results
Biotricity, beats analyst estimates in Q1 FY2023 earnings, maintains gross profit margins of 60%
Preventive Healthcare
Yesterday
Earnings/results
IDEAYA misses analyst expectations in Q2 2022; extends cash runway till 2025
Precision Medicine
Yesterday
Product updates
unMEAT launches plant-based luncheon meat in the US
Plant Based Meat
Yesterday
Geographic expansion
Partnerships
Blink Charging partners with AES El Salvador
EV Economy
Yesterday
Partnerships
Energy Vault partners with Jupiter Power
Climate Tech - Energy
Yesterday
Funding
Esports tournament platform Regression Games raises USD 4.2 million in seed funding
Esports
Yesterday
Funding
BoldHue raises USD 1 million in pre-seed funding
Personalized Beauty
Yesterday
Earnings/results
Allied Esports reports marginal improvement in losses in Q2 2022
Esports
Yesterday
Earnings/results
FaZe Clan reports improved adjusted EBITDA in Q2 2022 financial release
Esports
Yesterday
Compass reports widening losses for Q2 in spite of relatively unchanged quarterly revenues
Residential Proptech
Yesterday
Product updates
Geographic expansion
Revolut obtains crypto license to serve the European Economic Area
Neobanks
Yesterday
Last week:
Partnerships
Hungry Planet collaborates with Lion’s Choice to launch meat-free sub
Plant Based Meat
Aug 14
Funding
Miso Robotics extends Series E funding round
Restaurant Industry Robotics
Aug 13
Funding
Bobacino raises USD 2.2+ million in Series A equity crowdfunding
Restaurant Industry Robotics
Aug 13
Funding
CleanRobotics raises USD 4.5 million in Series A funding
Waste Recovery and Management Tech
Aug 13
Management news
M&A
Lavva acquired by Next in Natural; announces new CEO
Plant Based Dairy and Egg
Aug 12
Product updates
Partnerships
Tesla and General Motors head list in Autonomy’s 23,000 EV order, Hyundai partners with BorgWarner and Volvo’s EV customers to get free charging
EV Economy
Aug 12
Partnerships
Ellipses Health and Ceras Health partner to include human voice biomarkers in mental health care
Mental Health Tech
Aug 12
Management news
Product updates
Peloton discontinues more in-house functions; announces layoffs and a reversal of price cuts
Connected Fitness Products
Aug 12
Partnerships
Amazon’s Just Walk Out technology featured in a new checkout-free convenience store launched by QuikTrip
Automated Stores
Aug 12
Geographic expansion
CATL to build Europe’s biggest battery cell plant
EV Economy
Aug 12
Partnerships
Ananas Anam partners with Zara to launch Pinatex footwear and accessories
Sustainable Materials
Aug 12
Truck Industry Tech

Truck Industry Tech

Jan 5

REE Automotive commences trials of its P7 delivery platform

Product updates

  • REE Automotive, an Israeli company developing customizable four-wheel self-driving electric chassis platforms, is commencing trials of its P7 delivery platform, which is designed for medium-duty commercial delivery vehicles (Class 3–5).

  • The trials will take place in the UK and Israel, with plans to start customer evaluations in Q1 2022. The platform was developed targeting a US-based delivery van program, according to specifications from an unnamed delivery company. It allows commercial fleets to build a customized vehicle brand.

  • P7 is a modular platform that comes with its proprietary REEcorner and X-by-Wire technology that integrates all drive components into the arch of the wheel. The platform is designed to carry a maximum payload of 8,800 lbs (or equivalent to 30 passengers), with the ability to travel at speeds of up to 80 mph. It also gives visibility and insights to fleet operators on a data-as-a-service basis.

  • Analyst QuickTake: The news comes following a busy year for REE Automotive, where the company announced partnerships with several parties, including Hitachi America (December 2021), Hino Motors (April 2021), and Magna International (April 2021) to develop its modular electric vehicle platforms. The company also received a USD 17 million grant from the UK government last August for commercial production of its EV platforms. In addition to P7, the company also designs several other platforms targeting light-duty cargo and passenger vehicles, and intercity deliveries, etc., which are yet to be trailed.

Sign-up for a free trial

Gain access to all industry hubs, market maps, research tools, and more
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.