Israeli EV startup using in-wheel motors hits $580 million valuation

Tierr@_de_N@die: How to make money in a such competitive environment as the electric mobility world? Easy, proposing a disruptive idea where each make can develop theirs.

The appeal of the motor-in-wheel architecture is its ability to take on many different vehicle types, from small robotic vehicles to large people movers. REE’s cofounders Daniel Barel and Ahishay Sardes started down its path with SoftWheel, aimed at bicycles and wheelchairs.

Source (electrek.co): Israeli EV startup using in-wheel motors hits $580 million valuation