Ree confirms fmvss certification feasibility of its x-by-wire systems ahead of q4 2023 vehicle certification

Tel aviv, israel, aug. 29, 2023 (globe newswire) -- ree automotive ltd. (nasdaq: ree), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced a major milestone in the ree's plan to certify and bring to market a steer-by-wire, brake-by-wire and drive-by-wire commercial truck. ree contracted horiba-mira, a world-leader in testing, to perform internal tests, modeling certain federal motor vehicle safety standards (fmvss) certification requirements upon which ree has determined the feasibility of p7 to meet the requirements of certification. ree plans to fully certify its p7-c and p7-s products by the end of 2023, including fmvss, carb and epa certification, aligning with planned vehicle deliveries to dealers and eligibility for government incentives.
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