REE Automotive Ltd

REE Automotive Ltd. operates as an automotive technology leader creating the cornerstone for tomorrow's zero-emission vehicles. The firm's EV platforms are designed to provide customers with complete freedom of design, enabling auto-manufacturers, OEMs, delivery & logistic fleets, Mobility-as-a-Service providers and new mobility players to design mission-specific EVs and AVs based on their exact business requirements and significantly reduce their time-to-market, lower total cost of ownership and comply with zero-carbon regulations. It operates through the following segments: REE and the Softwheel segment. The REE segment includes the activity related to the development of the REE platform. The Softwheel segment included the activity related to production and selling of wheels for personal mobility. The company was founded by Daniel Barel and Ahishay Sardes on January 16, 2011 and is headquartered in Herzliya, Israel.

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REE Automotive impresses with innovative trucks and revenue growth outlook

REE Automotive's Q1 2024 performance reflects strong momentum, innovative technology, and promising market acceptance. While facing challenges in scaling production and financing, the company's strategic partnerships and manufacturing plans position it for growth. With a solid order book and revenue expectations, REE has opportunities to capitalize on market demand and advance its technology applications.

REE Automotive reports improved Q2 performance and strategic partnerships

REE Automotive's Q2 2024 performance showed significant improvement in net loss reduction and liquidity position, driven by strategic initiatives and partnerships.
While challenges such as production scalability and cost efficiencies persist, opportunities in partnerships and market demand present avenues for growth.
Analyst inquiries highlighted areas for improvement, emphasizing the need for effective execution and strategic decision-making to capitalize on opportunities.

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REE Automotive Ltd. operates as an automotive technology leader creating the cornerstone for tomorrow's zero-emission vehicles. The firm's EV platforms are designed to provide customers with complete freedom of design, enabling auto-manufacturers, OEMs, delivery & logistic fleets, Mobility-as-a-Service providers and new mobility players to design mission-specific EVs and AVs based on their exact business requirements and significantly reduce their time-to-market, lower total cost of ownership and comply with zero-carbon regulations. It operates through the following segments: REE and the Softwheel segment. The REE segment includes the activity related to the development of the REE platform. The Softwheel segment included the activity related to production and selling of wheels for personal mobility. The company was founded by Daniel Barel and Ahishay Sardes on January 16, 2011 and is headquartered in Kibbutz, Israel.

The Israeli EV chassis platform maker said initial backers of its merger to go public could be selling their shares.

Why This Electric Vehicle Stock Crashed 35% Today

REE Automotive's big F-1 filing news has sent shares of REE stock significantly lower today. Here's what investors should know.

REE Stock: Why Is REE Automotive Plunging 30% Today?

REE Automotive Ltd's (NASDAQ: REE) REEcorner technology was awarded $17 million in funding from the UK government. This funding is part of a $57 million investment coordinated through the Advanced Propulsion Centre (APC).

REE Automotive Receives $17M Funding From UK Government

TEL AVIV, Israel, Aug. 19, 2021 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: “REE”), an innovator in e-mobility which recently started to trade on Nasdaq, today announced that its REEcorner™ technology was awarded $17 million USD funding from the UK government as part of a $57 USD million investment, coordinated through the Advanced Propulsion Centre (APC). The investment is in line with the UK government's ambition to accelerate the shift to zero-emission vehicles and de-carbonize the UK's transport networks. The award funding follows an intensive vetting and selection process from which REE's project and three other transformational projects were selected amongst dozens of companies. Together, the 4 projects could save nearly 32m tons of carbon emissions, which is equivalent to the lifetime tailpipe emissions of 1.3m cars. The investment will help drive energy-saving technology across a wide range of vehicles and propel forward a green economy recovery.

REE Automotive Awarded $17 USD Million Funding from the UK Government

REE Automotive Ltd. (REE) CEO Daniel Barel on Q2 2021 Results - Earnings Call Transcript

TEL-AVIV, Israel, Aug. 17, 2021 (GLOBE NEWSWIRE) -- REE Automotive (NASDAQ: REE), a leader in e-Mobility, today announced its financial results for the second quarter of 2021. REE is focused on executing milestone deliverables on its signed strategic collaborations spanning market segments including trucks, walk-in vans, Mobility-as-a-Service and autonomous vehicles. The Company closed its merger with 10X Capital Venture Acquisition Corp. on July 22, 2021.

REE Automotive Announces Second Quarter 2021 Financial Results

NEW YORK and TEL-AVIV, Israel, Aug. 10, 2021 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), a leader in e-mobility, announced today that the Company will release its second quarter 2021 financial results before the NASDAQ market opens on Tuesday, August 17, 2021. A webcast and conference call will be held on August 17, 2021, at 08:30 a.m. Eastern time to review the Company's second quarter results, discuss recent developments and conduct a question-and-answer session.

REE Automotive, Ltd. Announces Date for Second Quarter 2021 Financial Results Release, Webcast and Conference Call

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--REE Automotive (Nasdaq: REE) (“REE” or “the Company”), a leader in e-mobility, today announced that the Company's management team will ring the opening bell at the Nasdaq MarketSite in Times Square on Tuesday, July 27 at 9:00am EST to celebrate its recently completed public listing. REE, an automotive technology company that is building the electric vehicle platform of the future, began trading on Nasdaq Friday, July 23 and announced that it will op

REE Automotive to Ring the Opening Bell at Nasdaq on July 27th

TEL-AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. [NASDAQ: “REE”], a leader in e-Mobility, today announced that it will open its U.S. headquarters in Austin, Texas to address the growing U.S. market demand for mission-specific EVs from delivery and logistics companies, Mobility-as-a-Service and new technology players. In addition, Austin will be the location of REE's first asset-light Integration Center for the assembly and testing of its disruptive REEcorner™ technology and ultra-modular

REE Automotive Will Open its U.S. Headquarters and First Integration Center in Austin, Texas, as it Prepares for Production in 2023

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