Microvast Holdings and REE Automotive have announce today the signing of a supply and purchase agreement. Under the terms of the agreement, Microvast, through its wholly-owned subsidiary Microvast Gmbh, will offer MV-C Gen 4HpCO high-energy lithium-ion battery packs which will contribute as energy storage system for “Powered by REE” EV platforms. REE’s zero-emission commercial vehicles with Microvast’s battery technol...

REE Automotive, an automotive technology company and provider of electric vehicle (EV) platforms, has announced the P7-B, a class 3 delivery truck built on a P7 cab chassis, following intensive customer evaluations at REE’s UK Engineering Centre.