I think there’s no hiding from reality any more — the future of transportation is electric, fully electric. Some automakers (automaker executives) may still be in denial about this, but most have to realize that the tide is turning and there’s no turning back to the 1980s.
The most EV-aggressive companies are handling their electric vehicle platforms in-house, while others are a bit behind the curve and outsourcing the job. One new partnership set up to supply the latter — but probably also former in certain cases — is the partnership between REE Automotive (REE) and KYB Corporation (KYB).
Admittedly, these are not household names here at CleanTechnica world headquarters. Nonetheless, KYB is apparently one of the largest suppliers of automotive suspensions in the world, and the KYB Group conglomeration is a group of 47 companies based in 23 different countries. “KYB is a $3.7 billion global hydraulic equipment manufacturer with over 15,000 employees, supplying products all over the world.”
REE Automotive, meanwhile, claims to be “a pioneering technology company reinventing e-mobility. … REE has developed two core innovations; the REEcorner™ integrates all traditional vehicle components (steering, braking, suspension, e-motor) into the arch of the wheel and the REEboard™ which is a completely flat and modular platform.”
The partners indicate that they are developing “suspension capabilities for future electric vehicle (EV) platforms.”
Does all of this mean the duo will really develop and sell a competitive product, and at a large volume? I have no idea, but if we do see large orders being placed in the coming years, we’ll have a reference point for when these two players joined forces.
All images via REE Automotive
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Former Tesla Battery Expert Leading Lyten Into New Lithium-Sulfur Battery Era — Podcast:
I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...