REE Automotive announces collaboration with JB Poindexter & Co Business Unit, EAVX, to develop commercial electric vehicles (EVs)
The companies will initially conspire to develop next-generation modular walk-in vans for the North American last-mile delivery market
REE Automotive, a leader in zero-emission electric mobility has announced a strategic collaboration with EAVX, a wholly-owned business unit of JB Poindexter & Co. REE are also in the process of closing its merger with 10X Capital Venture Acquisition Corporation at the moment.
The JB Poindexter business enterprise includes commercial work truck bodies and accessories for industry leaders Morgan Olson, Morgan Corporation, Reading, Truck Accessories Group and Masterack.
REE and EAVX will collaborate to develop best-in-class, zero-emission, commercial electric work trucks for existing and new customers. This will integrate the REEcorners and JBPCO commercial vehicle body solutions. The partnership will also grow their joint customer base and bring electric vehicles (EVs) to North American markets.
REEcorner technology packs critical vehicle components such as the motor, steering, braking, suspension, powertrain and control into a single compact module positioned between the wheel and the chassis.
This set-up enables a fully flat electric vehicle platform, which enables the lowest step-in height and maximum payload capacity for transporting cargo and passengers. It also allows for more room for batteries for extended range.
The companies will initially collaborate on the development of a next-generation modular walk-in van for the North American last-mile delivery market. JB Poindexter & Co currently has a leading position of the 35,000 per year market, with further collaboration to target additional North American commercial work truck customers and markets.
The companies will first work to develop prototypes for a joint project by the first quarter of 2022. Production is then targeted for 2024.
Daniel Barel, REE CEO, said: “JB Poindexter & Co is the leader in commercial work truck bodies and accessories. They are the ideal partner to help propel EV adoption in the commercial market segment.
“This collaboration is an important step forward for REE’s business growth and for improving livability and quality of life by eliminating carbon emissions.
John Poindexter, Poindexter CEO, said: “JB Poindexter & Co understands the EV revolution is here. As more companies across all sectors make the transition to electric mobility, the need for customisable commercial EVs grows and we want partners to know we are ready as a collaborator.”