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REE Automotive Announces Global Manufacturing Agreement with Leading Automotive Supplier Motherson Group Making Strategic Investment in a $45.35 Million Registered Direct Offering Led By M&G

i4.0 today

Pursuant to the agreement, Motherson will manage sourcing and supply chain of all production parts and support the assembly of the REEcorner® and REE P7 electric trucks, the first full by-wire, software-driven certified medium duty electric truck available on the market today. million before deducting applicable fees and expenses.

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India’s EV Revolution: E2W and E3W show the way

Dinesh Mishra

Ltd): After recent strong uptake, EV sector in India is poised for exponential growth over the next decade, and the credit should be aptly given to policymakers for their push and existing value chain players, mostly new, for their sincere efforts. As for 4-wheelers, once the global cell prices reduce, the cost parity will be achieved.