REE Automotive to open facility in Texas in preparation for production

REE says its first production facility will be an asset-light integration centre for the assembly and testing of its REEcorner technology and modular EV platforms. The centre will enable its customers and partners to build modular EVs utilising REE’s drive systems.

The company says it intends to tap into a global network of Tier 1 partners’ manufacturing capacity, with full point-of-sale component assembly and testing set to take place in its integration centres. The aim with this approach is to reduce capital expenditure in the manufacturing process and to increase REE’s global presence and market share. The manufacturing approach and integration centres are designed to be asset-light enterprises, helping to increase operating margins and ROI and reduce the carbon footprint of its operations.

Michael Charlton, REE’s COO, commented, “REE’s integration centres will be designed to be fully modular and scalable to ensure the company achieves projected production volumes. The state-of-the-art centres will utilise automation, including automated guided vehicles (AGVs), for the optimal movement of assemblies, with the goal of increasing automation levels to Industry 4.0 Technology and beyond.”