Hino Motors Co., Ltd., a subsidiary of Toyota Motor Corporation, and REE Automotive Ltd. (REE), the developer of a next-generation EV platform, signed a strategic business alliance agreement to realize their shared vision of “providing new value to society through next-generation commercial mobility.”
Hino and REE will combine Hino’s knowledge and technologies as a commercial vehicle manufacturer closely attuned to customer needs with REE’s innovative and highly competitive proprietary REEcorner EV technologies.
The next-generation commercial mobility solution to be jointly developed by Hino and REE will consist of a modular platform (Powered by REE) that will carry a customized Mobility Service Module on top. The Mobility Service Module—which will carry passengers, goods and deliver services—would address a wide variety of current and future applications aligned with customer requirements, aimed to provide new value to society, and will be enhanced with data-driven services.
In addition, the Mobility Service Module can be easily detached from the EV platform and once detached it can serve as an independent, stand-alone unit, leaving the platform to be operated separately and continue on its next mission.
This will not only be applied toward Mobility-as-a-Service (MaaS) and delivery segments but this modular design could also offer solutions for completely new applications. Leveraging the REEcorner modules, the flat chassis and the detachable Mobility Service Module will meet the diverse needs of consumers while contributing to more efficient utilization of customers’ business resources.
The specialized EV chassis to be jointly developed by Hino and REE will leverage proprietary REEcorner technology, which packs critical vehicle components into a single system positioned between the wheel and the chassis.
The solution will feature a low-floor, full-flat design that flexibly meets customer needs and also supports autonomous driving. The modular platform provides expandability, and the Mobility Service Module is designed with customer co-creation in mind.
The companies will first work to develop hardware prototypes by FY 2022, while evaluating business models, engaging potential customers, and conducting demonstrations in parallel.
The starting point of this collaboration is the FlatFormer concept we showcased at the 2019 Tokyo Motor Show. It received an excellent response, and I am delighted to see this FlatFormer concept come closer to reality. REE is a visionary company, and I am confident that this business alliance will become a driving force for Hino as we take on the challenge of generating new value in commercial mobility to harmonize with future society.—Hino CEO Yoshio Shimo