REE Automotive Initial Order Book Value Grows

REE Automotive, an automotive technology company and provider of full by-wire electric trucks and platforms, added to its Authorized Dealer Network expansion with three new dealers covering Wisconsin, Illinois, and California, all placing binding orders for REE’s P7-C electric truck.

North American presence continues to grow with demand for P7 electric trucks, including boxes, service bodies, step-in vans, and platform bodies.

REE’s P7 lineup aims to help fleets meet the requirements at both the state and federal level for tax incentives.

REE's P7 Electric Trucks Gain Momentum

REE has expanded its network of authorized dealers, welcoming Lynch Truck Center, C&M Motors, and XPO Sales.

This network spans the United States and Canada, providing extensive sales and support services for fleet and truck owners seeking to transition to electric vehicles.

REE is making headway in certifying its P7 electric truck lineup, as evidenced by its recent EPA certification and confirmed FMVSS certification for its x-by-wire system.

To cater to customer demands, REE is collaborating with work-truck body manufacturers, Knapheide and Morgan Truck Body.

These partnerships offer dealers and their fleet customers a comprehensive range of Powered by REE vehicles, featuring innovative design applications such as boxes, service bodies, and platform bodies.

REE Expands Its Network

REE's agreement with Mitsubishi HC Capital America supports approved dealers by providing customized financing solutions.

This agreement streamlines the financing process for dealers interested in purchasing Powered by REE vehicles and expedites the transition to electric vehicles for fleets looking to make the switch to EVs.

These three new dealers are now part of REE's authorized dealer network, joining previously announced dealers, including Jim Reed’s Truck Sales, Fleet Direct, Specialty Vehicles & Equipment (formerly Kirkman Bus & Truck Sales), McCandless Truck Center,  FMI Truck Sales & Services, Industrial Power & Truck Equipment, Monarch Truck Center, New England Truck Solutions, Pritchard EV, RY-DEN Truck Center, Tom’s Truck Center and The Truck Shop.