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REE Automotive Ltd., an innovator in the electric vehicle (EV) technology sector, has recently announced significant strides in its business operations, with its order book value exceeding $50 million. The company’s authorized dealer network has expanded to include 66 sales and service locations across the United States and Canada, facilitated through partnerships with 20 authorized dealers. This expansion is part of REE’s ongoing efforts to bolster its presence in the North American market, with new dealerships opening in strategic locations and a focus on enhancing its service and sales network to support the growing demand for its full by-wire EVs.
Key Highlights:
- Order book value exceeds $50 million
- 66 sales and service locations in the U.S. and Canada
- New partnerships with leading body builders, including Hackney
- Vehicles are FMVSS, CARB, and EPA certified
REE has broadened its reach in Canada by adding new dealers such as Kaizen Automotive Group and Macnab EV Sales Corp, along with Pacific Mobility Group in Washington. These dealers have already placed orders for the P7-C electric chassis cabs, showcasing the robust interest in REE’s products. The company’s electric trucks are eligible for significant incentives, including the federal iMHZEV and provincial Go Electric incentives in Canada, which can total up to $150,000 CDN, and federal IRA incentives in Washington, with potential future state incentives.
Tali Miller, REE’s Chief Business Officer, expressed enthusiasm about the growing demand and the expansion of the dealer network. Miller emphasized the importance of certification and the arrival of more P7-C trucks in North America, stating, “It is game on for us as we are able to showcase all that our vehicles have to offer.”
In addition to expanding its dealer network, REE has also fortified its partnerships with leading body builders, such as Hackney. These collaborations are aimed at offering customizable and efficient vehicle solutions to meet diverse fleet electrification needs, further solidifying REE’s position in the EV market.
REE’s innovative approach, embodied in its patented technology and REEcorner®, enables the creation of versatile and customizable electric vehicles, making it a significant player in the shift towards e-mobility. For more information on REE Automotive and its unique offerings, visit their website at www.ree.auto.
About REE Automotive
REE Automotive is at the forefront of the automotive technology landscape, enabling the creation of electric vehicles through its modular platforms. The company’s proprietary technology, including the revolutionary REEcorner®, integrates essential vehicle components into a compact module, facilitating design freedom and efficiency. As a pioneer in certifying fully by-wire vehicles in the U.S., REE continues to lead in the EV market with its adaptable platforms and commitment to innovation.
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