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REV Technologies and Riley Sign Deal to Produce All-Electric, High Performance Race Vehicles



Green Stock News LLC
 


July 18, 2023 – TheNewswire - REV Technologies has announced a new collaboration with Riley Technologies to design, develop and produce an all-electric performance vehicle, which will be marketed as the Riley Streetfighter.

 

The collaboration will aim to integrate race-worthy performance with leading electrification technology. The high performance Streetfighter will come with various options for customization in both its E-propulsion system and bodywork configurations.

 

REV Technologies President John Silseth stated: “REV Technologies was formed to develop and market electric performance vehicles under the Riley brand. Our mission is to develop race to road electrification performance technology as the increasing role of electric propulsion in the automotive industry undergoes a massive technology disruption.”

 

Bill Riley, President of Riley Technologies added: “Building race inspired consumer products under the Riley brand umbrella here in Mooresville is exciting. The Streetfighter will be manufactured in our facility with 90 percent of the Streetfighter components being vertically manufactured in house.” Mooresville, NC is known as “Race City” with over 60 race team and related businesses with nearly 30,000 employees.”

 

The two companies plan to make the Streetfighter available in customizable E-propulsion systems and bodywork configurations, including the availability of a 530 HP system wrapped in Carbon Fiber Bodywork with a total vehicle weight less than 2000 lbs. 

 

The new partnership will aim to capture a rapidly growing niche of the powersports market that craves race-worthy performance with the advantages of electric vehicle technology.

 

The mission of REV Technologies is to design and market performance vehicles featuring leading race to road electrification technology under the Riley brand. 

 

Dating back to 1960, the Riley brand has been a leader in North American automotive design engineering, manufacturing, assembly, and race team operations. For more information visit www.rileyev.com 

 

Source: https://greenstocknews.com/newswire/rev-technologies-and-riley-sign-deal-to-produce-all-electric-high-performance-race-vehicles

 

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This video is not financial advice and should not be taken as financial advice. This video is for information, education and entertainment purposes only. Green Stock News is not responsible for any losses related to the financial decisions made by you. Video content is based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Green Stock News is not responsible for any gains or losses that result from the opinions expressed in this video or in other materials that it publishes electronically. Green Stock News has been compensated US$15,000 by REV Technologies Inc. for advertising services.

 

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