Jamal Niaz morson news
Israeli start-up company, REE has confirmed it has opened a new engineering centre in Warwickshire to help meet its demand for its REEcorner and Electric Vehicle technology.
REEcorner integrates components including braking, electric-motor, steering, and suspension into the wheel arch before being placed into a flat, battery-packed chassis. According to REE, this capability gives customers full design freedom to create the broadest range of electric and autonomous vehicles (AVs).
The £66 million investment aims to create around 200 jobs to advance its technology. One of the main reasons the company has invested in the UK is due to the UK’s 2050 net-zero target as REE COO, Mike Charlton addressed:
“A key driver in our decision to establish our presence in the UK is the UK government’s forward-thinking vision and zero-emissions policy that perfectly aligns with REE’s goal of heralding a more sustainable, greener future for our generation and those to come.”
Daniel Barrell, REE’s co-founder and CEO added:
“I am excited to announce another major milestone for REE towards bringing our technology and products to the market as we expand our global footprint. With the recent announcement that we plan to go public via a SPAC [special purpose acquisition company] through our merger with 10X Capital Venture Acquisition Corp. and funding from long-term strategic investors including Koch Strategic Platforms, Mahindra & Mahindra and Magna International, REE would have sufficient capital to accelerate mass production of REEcorner technology and modular EV platforms"
“The first REEcorners are expected to be delivered to customers in 2022, with mass production beginning in 2023. This new Engineering Centre is a state-of-the-art facility allowing us to accelerate our validation, verification and testing as well as product homologation.”
In 2019, The University of Salford and Morson Group co-launched two new Salford-based facilities (The Morson Maker Space and the Morson Engine Room) featuring the latest industry standard manufacturing technologies which would work to allow students to learn engineering skills used in various industries. The facilities collaborate between the University and local businesses to innovate and test ideas, with an opportunity to meet and work alongside students working on real industry briefs.
The Maker Space features a ‘Print Hive’, with dedicated 3D printing machines, a composite printer, a high-resolution SLA resin Formlabs printer and more. The Morson Engine Room features heavy duty, industrial grade machinery typically found on the workshop floors of manufacturing businesses.