P7-C vehicles are eligible for US federaltax credit of up to $40,000 per vehicle.  -  Photo: REE

P7-C vehicles are eligible for US federaltax credit of up to $40,000 per vehicle.

Photo: REE

REE Automotive, an automotive technology company and provider of full-by-wire electric trucks and platforms, has begun customer deliveries of its P7-C electric chassis cab following FMVSS and EPA certification, making it the first to certify a fully x-by-wire vehicle.

REE is the first to certify a fully steer-by-wire, brake-by-wire, and drive-by-wire vehicle.

Powered by REE P7-C medium-duty electric commercial truck has met the Federal Motor Vehicle Safety Standards (FMVSS) requirements and has achieved EPA approval.

U.S. Fleets to Experience Next-Gen Electric Trucks

REE has initiated customer deliveries of the first batch of P7-C demonstration trucks for multiple fleets' evaluations in North America via its fast-growing Authorized Dealer Network.

Pritchard EV is the first to receive the P7-C demonstration truck for a roadshow with its large fleet of customers. Additional REE-authorized dealers and leading fleets will receive additional P7-C demonstration units in the coming weeks.

REE’s P7-C is eligible for the U.S. federal IRS Commercial Clean Vehicle Tax Credit (Internal Revenue Code 45W), which allows customers to receive a tax credit of up to $40,000 per vehicle.

The company is also initiating eligibility for various state incentives, which could bring the total incentive to over $100,000 per vehicle, depending on the customer’s location.

“We believe that our software driven fully by-wire approach paves the way for an industry shift to safer, more capable and easier to produce electric trucks.  Today’s announcement that our P7-C has been FMVSS and EPA certified, makes it the industry’s first certified fully by-wire vehicle,” said Daniel Barel, CEO and co-founder of REE Automotive.

P7-C vehicles are expected to be eligible for over $100,000 of incentives per vehicle.  -  Photo: REE

P7-C vehicles are expected to be eligible for over $100,000 of incentives per vehicle.

Photo: REE

REE Accelerates Fleet Electrification

Benefits of REE’s proprietary REEcorner and x-by-wire technology can enable:

  • Superior maneuverability and volumetric efficiency
  • Enhanced safety with fail operational design via redundancies in hardware and software
  • Improved ergonomics with low step-in height and driver-centric cabin
  • Improved serviceability
  • More efficient maintenance and lower spare part inventory management
  • Improved residual value
  • Future-proofed, autonomous-ready, and OTA upgrade capable
  • Modular design and quick time to market
  • Optimal energy efficiency.

Barel said,"As the work truck industry continues to evolve, we are working hard so that the REEcorner™ technology would be applied across the commercial market as a new industry leading technology. We believe that x-by-wire is key to enhancing performance, serviceability, energy efficiency and safety while reducing production time, ultimately resulting in lower TCO for fleet owners."

"We see strong and growing demand for our Powered by REE trucks which benefit from OTA updates, efficient maintenance and autonomy ready. The REEcorner has received positive feedback from our customers to date, we look forward to seeing even more from our vehicle demo program and continuing to grow our P7-C,” Barel added.

 

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