Penske to Offer REE’s P7-C EV Trucks

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Penske Truck Leasing is set to offer REE Automotive’s P7-C electric trucks to its customers for demos and orders across North America. This collaboration signifies a significant step in promoting electric vehicle (EV) technology in the transportation industry. The Powered by REE® Penske truck will be showcased at the REE booth at the ACT Expo in Las Vegas.

Key Highlights

  • World’s First FMVSS Certified Full By-Wire EV: The P7-C features all-wheel steer and all-wheel drive, with a range of up to 169 miles.
  • Custom Upfit: The truck includes a 16-foot Wabash DuraPlate® body with a ramp.
  • Joint Press Conference: REE and Penske will hold a press conference at the ACT Expo in Las Vegas on May 22, 2024.
Penske to Offer REE's P7-C EV Trucks

“We are looking forward to adding REE’s by-wire vehicle to our electric truck lineup and giving our fleet customers the opportunity to demo the vehicle and experience the technology firsthand,” said Paul Rosa, Senior Vice President of Procurement & Fleet Planning at Penske.

Paul Rosa and Daniel Barel, REE’s co-founder and CEO, will further discuss this collaboration on May 22, 2024, at ACT Expo, booth #3723, at 12:45 p.m. PT.

Benefits of REE’s P7-C EV Truck

  • Superior Maneuverability: All-wheel drive and steer functionality.
  • Enhanced Safety: Fail-operational design with redundant hardware and software.
  • Driver-Centric Design: Ergonomic cabin with low chassis height.
  • Serviceability: REEcorners designed for low total cost of ownership (TCO).
  • Future-Proofed Technology: Autonomous-ready and capable of over-the-air (OTA) upgrades.
  • Optimal Energy Efficiency: Modular design ensuring quick time to market.

Daniel Barel commented, “Today’s announcement is a testament to the synergy between REE’s revolutionary technology and Penske’s commitment to leading in the transportation and logistics industry.”

REE has collaborated with Wabash to outfit the P7-C with a custom DuraPlate® truck body, enhancing the vehicle’s capabilities. The lightweight DuraPlate® technology improves the feasibility of electric chassis for fleets while maintaining durability.

Penske to Offer REE's P7-C EV Trucks

Upfit Advantages

  • No Drill: Integrated mounting weld nuts for direct body attachment.
  • Battery Maintenance: Accessible from under the chassis.
  • Flat Floor with Ramp: Structural advantages reducing additional body mounting kits.
  • Electrical Integration: Plug and play chassis harnesses for aftermarket systems.
  • Driver Assistance Systems: Seamless integration with third-party systems, viewing camera images on the infotainment screen.

For more information about REE Automotive’s innovative technology, visit www.ree.auto.

About REE Automotive

REE Automotive (Nasdaq: REE) enables the creation of electric vehicles on modular platforms. Their REEcorner® technology integrates essential components into a compact module between the chassis and the wheel. As pioneers in FMVSS certified by-wire vehicles in the U.S., REE offers future-proof, autonomous-capable platforms with low TCO and rapid market entry. Learn more at www.ree.auto.

About Penske Truck Leasing

Penske Truck Leasing, a Penske Transportation Solutions company, provides innovative transportation solutions. Headquartered in Reading, Pennsylvania, Penske operates over 445,000 vehicles and maintains facilities across North America. Their services include full-service truck leasing, fleet maintenance, truck rentals, and advanced technology solutions. Visit PenskeTruckLeasing.com for more details.

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