Press Releases

P7-C targets the fast-growing and highly incentivized electric Class 4 market with a brand-new driver centric cab design for enhanced safety, durability and comfort P7 platform lineup now offers three electric trucks available for order: P7-C (chassis cab), P7-B (box truck), and P7-S (stripped chassis) addressing the Class 3-5 markets Monarch Truck Center, The Truck …

REE Automotive Unveils P7-C Chassis Cab, a New Addition to its P7 Electric Truck Lineup, on Track for Deliveries in Q4 2023, Dealer Network Expands Read More »

Strong order book growth; initial deliveries slated to begin in 4Q23 Achieved key development milestones in 2022 on time and in line with budget with total operating expenses of $127 million Liquidity of $154 million supports anticipated non-GAAP operating expense of $70-$75 million for 2023 with P7 program fully funded into commercialization Strong order book …

REE AUTOMOTIVE ANNOUNCES FOURTH QUARTER 2022 FINANCIAL RESULTS Read More »

TEL-AVIV, Israel, March 9, 2023 (GLOBE NEWSWIRE) — REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, announced today that the Company will release its fourth quarter 2022 financial results before the NASDAQ market opens on Thursday, March 16, 2023. A webcast and …

REE AUTOMOTIVE, LTD. ANNOUNCES DATE FOR FOURTH QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL Read More »

Pritchard EV, Tom’s Truck Center, Industrial Power & Truck Equipment (IPT) and New England Truck Solutions (NETS) are welcoming orders and are scheduled to be the first dealers to receive Powered by REE electric vehicles later this year REE selected Mitsubishi HC Capital America to provide financing to North American REE dealers, incumbent and future. …

REE AUTOMOTIVE NAMES AUTHORIZED DEALERS FOR THE UNITED STATES Read More »

Microvast’s MV-C Gen 4 lithium-ion battery packs to power REE’s P7 fully-flat commercial EV platforms with REEcornerTM technology REE is expected to display its P7 platform with Microvast’s battery packs at NTEA Truck Week, March 7-10 in Indianapolis HOUSTON (Jan.26, 2023) – Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops, and manufactures lithium-ion battery …

REE AUTOMOTIVE NAMES MICROVAST AS BATTERY PACK SUPPLIER FOR ITS COMMERCIAL EV PLATFORMS Read More »

Commercialization phase underway with first orders; on track and on budget for start of production Company Recently Received Multiple Orders for Proxima Powered by REE and P7-B Box Trucks from Some of the Largest Fleets in the US Company Expects Additional Test Fleet Orders for Proxima Powered by REE and P7-B Trucks in the Coming …

REE AUTOMOTIVE ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS Read More »

TEL-AVIV, Israel, NOV. 02, 2022 (GLOBE NEWSWIRE) — REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle platforms, announced today that the Company will release its third quarter 2022 financial results before the NASDAQ market opens on Wednesday, November 16, 2022. A webcast and conference call …

REE AUTOMOTIVE, LTD. ANNOUNCES DATE FOR THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL Read More »

Strong customer feedback on Proxima Powered by REE and P7-B following fleet evaluations Company expects orders for multiple test fleets Successful customer evaluations of Proxima Powered by REE; orders expected to follow Ongoing customer evaluations of REE’s P7-B, with public road testing expected in the coming months Both P7-based electric vehicles are on track and …

REE AUTOMOTIVE ANNOUNCES SECOND QUARTER 2022 FINANCIAL RESULTS Read More »