REE Automotive has signed a non-binding MOU with Cascadia Movement to develop electrical drive models utilizing REEcorner know-how
REE Automotive has signed a non-binding memorandum of understanding (MOU) with Cascadia Movement, a subsidiary of BorgWarner, to collectively develop and commercialise electrical drive models (EDUs) combining REE’s nook know-how with Cascadia Movement’s iM-125 inverter-motor module for international unique gear producer (OEM) programmes. Below a proposed royalty-bearing association, Cascadia Movement would manufacture the EDUs, with REE offering entry to its meeting line, tooling, stock, and provider community.
The EDU market is projected to double by 2035, rising at a compound annual progress charge of roughly 9% from 2025, in response to trade analysis cited by REE. The businesses stated the mixed product could be obtainable as an off-the-shelf resolution by way of CascadiaMotion.com.
In an announcement, Cascadia Movement Common Supervisor Joseph McHenry stated: “This collaboration displays our dedication to delivering modern, ready-to-integrate drive models that assist OEMs cut back growth time and streamline automobile launch.”
REE Chief Government Daniel Barel added: “We imagine this collaboration positions us to satisfy international demand at scale whereas laying the groundwork for next-generation, totally by-wire options.”
The events additionally plan to judge demand for full software-defined automobile options, together with standalone REEcorner models and REE’s software program merchandise. The MOU builds on a three-year collaboration between the businesses.
Supply: REE Automotive
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