REE Automotive Announces Appointment of Former Chairman and CEO of Hitachi America, Hicham Abdessamad, as Chairman of the Board of Directors

TEL AVIV, Israel – [January 7,2026] – REE Automotive Ltd. (Nasdaq: REE), a leading automotive technology company and provider of full by-wire electric vehicle platforms and software-enabled mobility solutions, today announced that Hicham Abdessamad has been appointed Chairman of its Board of Directors, effective December 22, 2025. Mr. Abdessamad succeeds Carlton Rose, who has served […]

REE Automotive Receives Nasdaq Extension to Regain Compliance

Extension Allows Additional Time to Meet Minimum Bid Price Requirement Company Remains Focused on Compliance Strategy and Execution TEL AVIV, Israel, Dec. 30, 2025 – REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today announced that the Nasdaq Stock Market LLC (Nasdaq) has granted the Company’s request […]

REE Automotive Expected to Supply Cascadia Motion with Corner Technology Used in Electric Drive Units for Global OEM Market

Cascadia Motions (a wholly owned subsidiary of BorgWarner Inc.) to manufacture, commercialize, and sell a new generation of compact electric drive unit (EDU) integrating REEcorner technology with Cascadia Motion for inverter-motor modules OEM programs globally. Drive units expected to be available as off-the-shelf products at CascadiaMotion.com According to industry research estimates, the global EDU is […]

REE Automotive Announces a Supplement to its Proxy Statement for its Special General Meeting of Shareholders to be held on November 13, 2025

TEL AVIV, Israel, Nov. 11, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE”), an automotive technology company developing software-defined vehicle technology, today announced the release of a supplement (the “Supplement”) to its proxy statement dated October 9, 2025 (the “Proxy Statement”). The Proxy Statement was prepared in connection with a special general meeting […]

REE Automotive Receives Nasdaq Minimum Bid Price Notification

TEL AVIV, Israel, July 03, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (“REE” or the “Company”) (Nasdaq: REE), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today reported that the Company received a letter (the “Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is currently not in compliance […]

REE Announces Cost Reduction Measures to Sustain Long-Term Growth

Initiated cost reduction measures targeting a 55% decrease in operating costs to a projected average of approximately $2.7 million per month by year-end related to pause in production and an approximately 50% reduction-in-force The company aims to extend its financial runway beyond 12 months REE’s new organizational structure is designed to allow a more streamlined […]

REE Automotive Announces Fourth Quarter and Fiscal Year 2024 Earnings Results

TEL AVIV, Israel, May 15, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined vehicle technology and a provider of full by-wire electric trucks and platforms, today announced its fourth quarter and fiscal year 2024 financial results. “2024 was a breakthrough year […]

REE Automotive Provides 2024 Business Update; Reschedules Date for its Fourth-Quarter and Fiscal Year 2024 Earnings Results

TEL AVIV, Israel, April 28, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined vehicle technology and provider of full by-wire electric trucks and platforms, today announced a 2024 business update and that it reschedules the release date of its fourth-quarter and […]

REE Automotive Awarded Frost & Sullivan’s 2025 Company of the Year in the North American Electric Medium-Duty Vehicle Platform Industry

Award recognizes REE’s software-defined modular vehicle technology, which provides scalability and flexibility for OEMs and fleet operators TEL AVIV, Israel, April 09, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops and builds software-defined electric vehicles, is the recipient of Frost & Sullivan’s 2025 Company of the Year award […]