REE Automotive Announces Second Quarter 2023 Financial Results

REE Automotive Announces Second Quarter 2023 Financial Results

TEL AVIV, Israel, Aug. 29, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced its financial results for the second quarter ended June 30, 2023, through a shareholder letter posted on the company’s investor relations website at The company […]

REE Expands P7-C Product Offering with Knapheide Bodies and Upfit Solutions

Knapheide, North America’s most popular manufacturer of work truck bodies and truck beds, will upfit REE’s P7-C chassis cab on a made-to-order basis P7C with a customized Knapheide body will be an integrated product designed to reduce downtime and improve tailored electric fleets’ time to market Knapheide and REE are actively welcoming orders from North […]

Carlton Rose Joins REE Automotive Board of Directors

TEL AVIV, Israel, June 27, 2023 — REE Automotive Ltd. (Nasdaq: REE) today announced that Carlton Rose, former global president of fleet maintenance and engineering at UPS, has been appointed to the company’s board of directors, effective immediately. “Carlton, who spent 42 years at UPS, is one of the most experienced and respected fleet leaders […]

REE Automotive Announces First Quarter 2023 Financial Results

Continued growth in authorized dealer network and orders, on track for initial production and pilot deliveries by the end of 2023 TEL AVIV, Israel, May 23, 2023 — REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, today announced its financial results for the […]

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

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 Announces Fourth Quarter 2022 Financial Results

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 […]