Hitachi & REE Automotive Agree on Collaboration to Advance and Simplify the Adoption of Sustainable EVs Globally
- Joint advanced digital solutions allow a more rapid transition to electric vehicles under a new strategic collaboration
- Companies to co-create a highly scalable Data-as-a-Service (DaaS) and Analytics-as-a-Service (AaaS) platform
Santa Clara, CA US and TEL AVIV, Israel, Dec. 14, 2021 – Hitachi America, Ltd. (“Hitachi”) and REE Automotive (NASDAQ: REE, “REE”) announced today a newly formed strategic agreement to ease and accelerate the adoption of electric vehicles (EV) across the entire EV value chain, including enabling EV manufacturing at scale, delivering commercial vehicle charging infrastructure and energy management, and providing comprehensive digital fleet management and operations for full visibility across EV fleets as organizations transition over the next decade.
Hitachi and REE will accelerate the development of advanced digital solutions for REE customers by co-creating a highly scalable Data-as-a-Service (DaaS) and Analytics-as-a-Service (AaaS) platform, which will enable next-generation connected commercial EVs. Leveraging Hitachi’s Lumada data platform and REE’s platform modularity and horizontal business strategy, the companies aim to bring to market a truly modular, smart EV solution to serve all segments, including delivery, logistics, and mobility-as-a-service.
To read the full press release, click here: Hitachi and REE Automotive Agree on Collaboration to Advance and Simplify the Adoption of Sustainable Electric Vehicles Globally – REE