REE Automotive Named CES 2025 Innovation Award Honoree for Software-Defined Vehicle Technology
The P7-S stripped chassis is a software-defined Class 4-5 electric vehicle (EV) platform that is fully by-wire, autonomous-ready and aims to be the basis for the auto industry to build software-defined vehicles (SDV) Currently, the P7-S is being evaluated by U-Haul as their first EV solution TEL AVIV (Nov. 19, 2024) – REE Automotive Ltd. […]
REE Automotive to Report Third Quarter 2024 Financial Results on December 17, 2024
TEL AVIV (Nov. 18, 2024) – REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its third quarter 2024 financial results before the market opens on Tuesday, December 17, 2024. A webcast and conference call will be held on the same […]
REE Automotive Strengthens Executive Leadership Team and Board of Directors with Two Key Appointments
TEL AVIV (Nov. 14, 2024) – REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the appointment of Rajesh Goel, president at Motherson Group (“Motherson”), to its board of directors and announced the return of Hai Aviv as Chief Financial […]
REE Automotive to Present at Two Prestigious Events in Detroit and Los Angeles
CEO and Co-Founder Daniel Barel will speak on two panels at Reuters Automotive USA in Detroit October 21-23 alongside C-suite representatives from auto-heavyweights Chief Operations Officer Josh Tech will present at the LD Micro Main Event in Los Angeles October 28-30 TEL AVIV (October 22, 2024) – REE Automotive Ltd. (Nasdaq: REE), an automotive technology […]
REE Automotive Provides Corporate and Business Updates and Reports Second Quarter 2024 Financial Results
$45.35 Million Funding Secured, Strategic Manufacturing Agreement with Motherson, U.S. Production Kicked Off, Continued Demand Drives Orderbook to $60 Million Completed $45.35 million Registered Direct offering led by M&G and Motherson securing production capital needs Signed strategic agreement with Motherson, a global automotive supplier, to strengthen REE’s supply chain management and cost structure, improve working […]
REE Automotive Kick-Off U.S. Production With Roush Industries as Contract Manufacturer
Production of P7 electric truck line-up to begin Q4 2024 at Roush’s facility in Detroit, Michigan, with annual capacity of up to 5,000 trucks. Motherson to manage global supply chain and logistics for U.S. production as well as on-site manufacturing and quality assurance support via Motherson SAS in Detroit. Faster production ramp up, improved unit […]
REE Automotive to Report Second Quarter 2024 Financial Results on September 26, 2024
TEL AVIV (Sept. 18, 2024) – REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its second quarter 2024 financial results before the market opens on Sept. 26, 2024. A webcast and conference call will be held on the same date […]
REE Automotive Announces Global Manufacturing Agreement with Leading Automotive Supplier Motherson Group Making Strategic Investment in a $45.35 Million Registered Direct Offering Led By M&G
Motherson is a global engineering and manufacturing specialist and one of the world’s leading automotive suppliers. For FY24, it achieved gross revenue of USD 17.2 billion1. The group employs over 190,000 people in its 400 facilities spanning across 44 countries. Combining Motherson’s manufacturing expertise and supply chain might with REE’s market-leading software-defined EV product line-up […]