REE Automotive Named CES 2025 Innovation Award Honoree for Software-Defined Vehicle Technology

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 […]

REE Automotive to Report Third Quarter 2024 Financial Results on December 17, 2024

REE Automotive to Report Third Quarter 2024 Financial Results on December 17, 2024   TEL AVIV, Israel, Nov. 18, 2024 (GLOBE NEWSWIRE) — 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 […]

REE Automotive Provides Corporate and Business Updates and Reports Second Quarter 2024 Financial Results

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 […]

REE Automotive Kick-Off U.S. Production With Roush Industries as Contract Manufacturer

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 […]

REE Automotive Reports Second Quarter 2024 Financial Results on September 26, 2024

REE Automotive to Report Second Quarter 2024 Financial Results on September 26, 2024   TEL AVIV, Israel, Sept. 18, 2024 (GLOBE NEWSWIRE) — 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 […]

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

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 50,000 Government and Education Entities Can Now Purchase REE’s Software-Defined Electric Truck Through Sourcewell Contract

Over 50,000 Government and Education Entities Can Now Purchase REE’s Software-Defined Electric Truck Through Sourcewell Contract   REE’s P7-C software-defined Class 4 electric vehicles are now available for purchase in all 50 states through a 4-year contract awarded to National Auto Fleet Group Sourcewell is a government agency dedicated to streamlining the procurement process by […]

REE Unveils a Next Gen Software-Driven Electric Commercial Vehicle Platform Designed with Leading Delivery Fleet

REE Unveils a Next Gen Software-Driven Electric Commercial Vehicle Platform Designed with Leading Delivery Fleet   – The P7-S, the next generation class 5 stripped chassis, utilizing P7 REEcorners® to enable a fully-flat platform with low step-in height, modular configuration, high payload, and revolutionary all wheel steer – The new software–driven stripped chassis allows OEMs […]