French autonomous driving solution company Navya and Israel's REE Automotive have signed an agreement to collaborate in the development of a level 4 autonomous system including REEcorner technology and Navya self-driving solutions, the companies announced Tuesday.
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Daniel Barel, Co-Founder and CEO of REE Automotive, commented: "The combination of our mutual expertise should enable game-changing autonomous mobility solutions that transport passengers and goods efficiently and cost-effectively while fully complying with rigorous safety standards. We are delighted to move forward on a partnership with Navya. This collaboration of REE's corner technology aligns perfectly with Navya's strategy of providing constant improvement for its autonomous driving solutions."
Etienne Hermite, CEO of Navya, said: "We are very pleased to have signed this agreement with REE Automotive, which is a major player in automotive technology. This partnership is fully in line with Navya's strategy of deploying level 4 autonomous driving systems with safe drive components (steering, braking, suspension, powertrain and control) into the arch of the wheels. This partnership will enhance unlocks fantastic opportunities to create multiple new level 4 autonomous form factors with the view to address different use cases."
