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REE Automotive ($REE) Debuts P7-B Electric Class 3 Box Truck; On Track For 2023 Production

11 August 2022

REE Automotive (NASDAQ: REE) has debuted its new P7-B, a class 3 box truck built on a P7 cab chassis. The new vehicle is part of a fleet of vehicles available to prospective customers to evaluate, test, and experience the unique agility, performance, and design enabled by REE’s novel REEcorner x-by-wire technology.

The company says that its new class 3, all-by-wire electric truck will target the important and growing commercial EV mid- and last-mile delivery market.

This P7 box truck configuration offers increased interior space for passengers and cargo and a low step-in height while targeting a maximum speed of 75 mph, a max range of 150 miles, and up to 4,400 lbs payload

Company CBO Tali Miller commented: “The on-track testing of the P7-B and extensive customer evaluations are another crucial step on the road to commercialization and deployment of test fleets followed by scale adaptation in fleets. Feedback from our customers has been that this is the truck they have been waiting for – a driver-centric work truck that drives like a sedan but is built to deliver under the harshest commercial duty cycle.”

REE Automotive is an automotive technology company that allows companies to build any size or shape of electric vehicle on their modular platforms. With complete design freedom, vehicles Powered by REE are equipped with the revolutionary REEcorner, which packs critical vehicle components into a single compact module positioned between the chassis and the wheel, enabling the company to build the industry’s flattest EV platforms with more room for passengers, cargo and batteries. 

Shares of REE Automotive trade on the NASDAQ under the symbol REE.reeautogif2

 

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