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.

LAS VEGAS, Jan. 6, 2022 /PRNewswire/ -- REE Automotive ("REE") (NASDAQ: REE), today announced the appointment of automotive industry finance executive David Goldberg as the company's Chief Financial Officer (CFO) effective Feb 2022.  Mr. Goldberg joins REE from Magna International, one of the world's largest automotive suppliers, where he is currently Senior Vice President of Corporate Development, following a role as Vice President of Finance and Corporate Development at the company.

REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER

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REE Automotive Ltd (NASDAQ: REE) said it is commencing trials of its new P7 platform designed for commercial delivery vehicles and walk-in vans. Fully flat from end-to-end, P7 offers more interior space and volumetric efficiency for vehicles in classes 3-5.

REE Automotive Commences Trials Of Electric P7 Modular Platform

LAS VEGAS, Jan. 5, 2022 /PRNewswire/ -- REE Automotive Ltd. (NASDAQ: REE), today announced it is commencing trials of its all-new P7 platform designed for commercial delivery vehicles and walk-in vans.

REE COMMENCES TRIALS OF ALL-NEW ELECTRIC P7 MODULAR PLATFORM FOR DELIVERY FLEETS

Shares of REE stock are soaring higher on several potential catalysts as we head into the new year. Here's what you should know.

REE Stock Alert: What Is Going on With REE Automotive Today?

Investors are warming up to electric vehicle start-ups that continue to make progress.

Why Shares of EV Company Ree Automotive Soared Today

SANTA CLARA, Calif. and TEL AVIV, Israel, Dec. 14, 2021 /PRNewswire/ -- Hitachi America, Ltd.

Hitachi and REE Automotive Agree on Collaboration to Advance and Simplify the Adoption of Sustainable Electric Vehicles Globally

TEL AVIV, Israel, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Business and Media Contact Caroline HutchesonHead of Communications, REE Automotive+1 252.314.2028 media@ree.auto

Hino Motors to Join REE Automotive With Platform Display at CES 2022

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Ree Automotive has announced the Leopard, a skateboard design electric vehicle (EV) for autonomous last-mile delivery and passenger transport. The Herzliya, Israel-based company will showcase the Leopard at the upcoming Consumer Electronics Show in Las Vegas in January.

Ree unleashes autonomous Leopard EV for last-mile delivery

REE Automotive's burn rate for cash is in line with projections. The market, however, is focused on other EV names for now.

REE Automotive Drops on Larger-Than-Expected Loss

REE Automotive Ltd. (REE) CEO Daniel Barel on Q3 2021 Results - Earnings Call Transcript

First, the new product news. The Leopard is the latest iteration of what REE's partners can do with its flat electrified platform it calls REEboard.

REE Automotive Unveils New EV Chassis, Reports Third-Quarter Loss Of $414.9 Million

TEL-AVIV, Israel, Nov. 16, 2021 (GLOBE NEWSWIRE) -- REE Automotive (NASDAQ: REE), a leader in e-Mobility, today announced its financial results for the third quarter ended September 30, 2021.

REE Automotive Announces Third Quarter 2021 Financial Results

TEL-AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. (NASDAQ: REE), a leader in e-mobility, revealed today its autonomous concept vehicle based on a brand new ultra-modular EV platform design. The full-scale concept is geared for customers including last-mile autonomous and electric delivery companies, delivery fleet operators, e-retailers and technology companies seeking to build fully autonomous solutions. Fully-autonomous delivery fleets ‘Powered by REE' will allow customers to build auton

REE Unveils Leopard, a Fully Autonomous Concept Vehicle Based on REE's Modular EV Platform

REE will leverage Say Connect Platform to crowdsource questions ahead of earning calls, broadening access to retail investors REE will leverage Say Connect Platform to crowdsource questions ahead of earning calls, broadening access to retail investors

REE Expands Shareholder Access to Its Financial Results Release

American Axle & Manufacturing Hlds

TEL AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. (NASDAQ: “REE”), a leader in e-mobility, today announced the nomination of American Axle & Manufacturing (AAM) Holdings, Inc. (NYSE: AXL), a leading global Tier 1 automotive supplier, to supply REE with its high-performance electric drive units (EDU). AAM's award-winning 3-in-1 electric drive technology - which places the electric motor, gearbox and inverter into a single package – will be integrated into REEcorner technology. AAM's hig

REE Announces Nomination of American Axle to Supply Next Generation 3-in-1 Electric Drive Technology

DETROIT, Nov. 5, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) today announced it has secured an agreement with e-mobility leader REE Automotive Ltd. (NASDAQ: REE) to supply high-performance electric drive units (EDU) in a modular platform that can support multiple customer vehicle programs.

AAM Secures Business Award for Next Generation 3-in-1 Electric Drive Technology

TEL-AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. (NASDAQ: REE), a leader in e-mobility, announced today that it has expanded its Board of Directors, appointing two new independent members. The additional board members deepen and diversify its leadership as the company progresses towards technology maturation and commercial production in 2023. REE has appointed seasoned veterans Ms. Michal Brikman and Ms. Lilach Geva-Harel, who bring a wealth of public company financial, corporate governan

REE Automotive Appoints Two New Board Members

TEL AVIV, Israel--(BUSINESS WIRE)--REE Automotive and Hino Win European Product Design Award for Top Design for Society

REE Automotive and Hino Win European Product Design Award for Top Design for Society

REE stock took a beating, but the low share price doesn't reflect future growth based on government funding and technology developments. The post REE Automotive Can Surprise Investors With a Comeback appeared first on InvestorPlace.

REE Automotive Can Surprise Investors With a Comeback

If global parts and supply chain woes abate, REE stock could be a winner. If they don't, China could ramp up and control the EV market.

Part Shortages Make REE's Electric Vehicle Revolution Harder

REE's EV platforms are designed to deliver significant operational & functional benefits and advance e-mobility LONDON, Sept. 9, 2021 /PRNewswire/ -- Based on its recent analysis of the global automotive EV platform market, Frost & Sullivan recognizes REE Automotive Ltd.

Frost & Sullivan Awards REE Automotive 2021 Global EV Platform

NEW YORK--(BUSINESS WIRE)--10X Capital today announced that Hans Thomas, CEO, and David Weisburd, COO, each made filings with the SEC reporting the purchase of additional shares in REE Automotive (NASDAQ: REE) common stock totaling approximately $2 million, through open market purchases made in September 2021. Mr. Thomas reported the purchase of: 161,037 shares at an average price of $5.81 on September 1, 2021; and 60,963 shares at an average price of $5.66 on September 2, 2021; for a total of

10X Capital Leadership Purchases Additional Shares In REE Automotive

REE Co-Founder & CEO, Daniel Barel, to present vision and strategy for EV future REE Co-Founder & CEO, Daniel Barel, to present vision and strategy for EV future

News for REE Automotive Ltd Stock (REE)