The robotic line allows REE to build its flat chassis platform in less than a minute with very little intervention from human operators.

The company said the investment is in line with the UK government's ambition to accelerate the shift to zero-emission vehicles in the UK.

REE and Magna, an auto manufacturer for brands like Jaguar and Mercedes-Benz, will collaborate on full-fledged Modular Electric Vehicles

REE will have access to world-class test facilities and a ground for physical testing at the MIRA Technology Park in the UK.