REEV Electric is a young company founded in 2020 with a slogan of "Accelerating the path to electrified mobility." The company, based in Croatia (hrvatska), has a background in engineering and electric vehicles, and is focused on the Manufacturing and Automotive industries.
REEV is currently developing a "Hybrid Kit" that aims to address the emissions of the used car market by electrifying conventional gas-running cars into hybrids. The team at REEV has roots in the Formula Student project and early involvement with a leader in EV technology.
So far, the project has received backing from two venture capital firms. In the last investment round on 31 March 2020, REEV Electric secured €50.00K in a Pre Seed Round investment from Fil Rouge Capital.