Benzinga | Nov 15, 2021 04:00PM EST

REE Automotive Highlights Unveiled Leopard Fully Autonomous Concept Vehicle

* Concept vehicle is powered by a new modular REEboardTM EV platform architecture

* Last-mile autonomous delivery solution ideal for delivery, e-retail and logistics, with design developed based on stated needs from specific companies

* Designed to leverage the ease of autonomous drive system integration to REEcenterTM electronic control unit (ECU) and REEcorners for unparalleled performance and safety

* Leopard will be showcased at REE booth in CES 2022, Jan. 5-8 in Las Vegas

TEL-AVIV, Israel--(BUSINESS WIRE)-- REE Automotive Ltd. (NASDAQ:REE), a leader in e-mobility, revealed today its autonomous concept vehicle based on a brand new ultra-modular EV platform design. The full-scale concept is geared for customers including last-mile autonomous and electric delivery companies, delivery fleet operators, e-retailers and technology companies seeking to build fully autonomous solutions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211115006246/en/

REE Unveils Leopard, a Fully Autonomous Concept Vehicle Based on REE's Modular EV Platform (Photo: Business Wire)

Fully-autonomous delivery fleets 'Powered by REE' will allow customers to build autonomous and electric vehicle fleets according to their exact specifications with unmatched interior space for transporting passengers and cargo. REE's technology will be seamlessly integrated with any top hat and autonomous hardware.

Leopard's design and specifications are the result of collaborative work with leading global delivery and technology companies focused on autonomous delivery and Mobility as a Service (MaaS) fleets. The concept vehicle is 3.4 m in length with front-wheel-steer, rear-wheel-drive and has a 2-tonne gross vehicle weight rating and the following additional specifications:

* X-by-wire REEcorner technology for drive, steer and brake control

* Narrow design of 1.4 m (4.6 ft) and small footprint of 2.5 m2 (26.6 ft2) for enhanced maneuverability

* Easy cargo accessibility

* 50 kWh battery capacity

* Top speed of 60 mph

* Cargo volume of 180 ft3

Leopard -- a last mile autonomous concept vehicle -- is designed to carry significantly more cargo due to REE's low, flat floor. This means improved environmental impact of fewer trips in fewer vehicles, backed by a strong cost of ownership (TCO) structure: each vehicle in the fleet will be less expensive to run and maintain due to reduced energy cost and improved serviceability, leading to lower maintenance costs.

"This concept showcases just one design application of our ground-breaking technology, one that answers the strategically crucial question of how to carry out autonomous, zero-emissions last mile deliveries, which has huge growth potential," said Daniel Barel, REE co-founder and CEO. "Autonomous and electric vehicles 'Powered by REE' offer unsurpassed operational efficiency and the lowest total cost of ownership combined with full flexibility when it comes to integrating top hats in virtually any size, shape or form. We're here to make the shift to a carbon neutral future a reality faster and at scale."

The Leopard concept vehicle is based on REE's modular EV platform, designed to support a wide variety of mission specific vehicles with the following range of specifications:

Specification Value

GVWR Up to 2 Tonnes

Drive RWD, FWD or AWD

Steer FWS or AWS

9.5 ft to 11.5 ftLength (2.9 m to 3.5 m)

3.9 ft to 5.9 ftWidth (1.2 m to 1.8 m)

4.6 ft to 7.2 ftHeight (1.4m to 2.2 m)

Battery Capacity Up to 60 kWh

Peak Motor Power Up to 100 kW

Up to 100 mphMax Speed (160 kph)

Minimum 12.8 ftTurning Radius (3.9 m)

Up to 1,650 lbsMax Payload (750 kg)

Minimum 15 inLoad Floor height (39 cm)

Up to 265 ft3Cargo volume (7.5 m3)

About REE Automotive