Following two years of hard work, REE Automotive has achieved US certification for its P7-C electric truck. This certification milestone makes the P7-C the first-ever vehicle to operate entirely through steer-by-wire, brake-by-wire, and drive-by-wire technology developed by REE. The achievement marks the beginning of deliveries of the P7-C electric truck in the US.
About two years ago at CES 2022, REE Automotive, Inc. first introduced its modular P7 platform aimed at fleets and delivery operators in the US. Since then, the company has been making significant progress, introducing a Class 3 box truck called the P7-B, securing a battery supplier, and unveiling the P7-C electric truck. In the last six months of 2023, REE received significant customer interest, with its Q3 2023 earnings reporting over $40 million in binding orders.
The achievement of EPA certification and confirmed Federal Motor Vehicle Safety Standards (FMVSS) certification-feasibility of its x-by-wire system in the P7 platform led to the confirmation of initial P7-C chassis cab deliveries in the US. As of now, REE has become the first company to certify a full steer-by-wire, brake-by-wire, and drive-by-wire vehicle. The initial deliveries of the P7-C chassis cab mark a significant milestone for REE.
REE completes first deliveries of P7-C EV
This morning, the EV startup shared that demonstration models of its P7-C chassis cab, equipped with REE’s proprietary REEcorner and x-by-wire technology, have begun making their way to its authorized dealer network, starting with Pritchard EV in Iowa.
Initial deliveries began now that REE has become the first company ever to certify a full steer-by-wire, brake-by-wire, and drive-by-wire vehicle, offering a modular design, fewer parts, and maintenance, plus a shorter time to market.
REE now looks to its dealership network to get its P7 platform out in front of fleet customers in the US, beginning with the P7-C. Per REE co-founder and CEO Daniel Barel:
I believe our REEcorner is a true gamechanger, allowing us to build electric trucks that fleets will want to buy, and drivers will love to drive as we continue to see a strong demand for our work trucks. I am incredibly proud of team REE for completing certification of the automotive industry’s first ever fully x-by-wire vehicle. Our customers have been eagerly waiting for our vehicles to be ready to deliver and now our first demo trucks are on their way to dealerships for customer evaluations.
With dealer deliveries underway, REE stated that its P7-C EV is eligible for the IRS’ Commercial Clean Vehicle Tax Credit in the US, enabling a tax credit of up to $40,000 per vehicle. Furthermore, the startup said it is also in the process of obtaining approved eligibility for various state incentives, which could bolster total incentives of over $100,000 per vehicle, depending on where that customer resides.
Following initial P7-C deliveries to Pritchard EV, REE says additional authorized dealers and leading fleet customers will receive demonstration vehicles in the coming weeks.
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