KYB Corp and REE Automotive joint venture to develop electric vehicle platform

By CARSIFU | 21 May 2020

TOKYO: Japanese auto parts giant KYB Corp and Tel Aviv-headquartered technology company REE Automotive have partnered to develop suspension capabilities for future electric vehicle (EV) platforms.

The partnership will leverage on the strengths of both companies, as KYB is a leading global hydraulics manufacturer while REE is a pioneering technology company and leader in electric vehicle platforms.

Automotive Tier 1 supplier KYB’s unparalleled semi-active and active suspension systems will boost REE’s next-generation EV platform, which delivers complete design freedom and cost-effective, scalable solutions in e-mobility.

The KYB-REE partnership marks the first time KYB has formally collaborated on EV platforms with a technology company.

REE_2 (Custom)

“KYB has vast experience in developing and manufacturing advanced suspension systems, and we are excited to partner with REE Automotive and share its revolutionary EV vision by engineering a suspension subsystem that supports the needs of tomorrow’s mobility ecosystem” said Kazunori Masumoto, General Manager of Engineering Headquarters at KYB Automotive Component Business Division.

REE’s Co-Founder and Chief Executive Officer Daniel Barel said, “REE is delighted to welcome KYB to our unique network of global strategic automotive partners, bringing world-class expertise in advanced suspension systems. KYB’s technology will play a crucial role in the rapid development of our next-generation EV architecture, which reinvents the electric vehicle with a completely flat, scalable and fully modular platform, ready to carry the future of e-mobility.”