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 and Mitsubishi Fuso Truck and Bus Corporation Sign MOU for Software-Defined Vehicle Technology
Mitsubishi Fuso is collaborating with REE as part of an acceleration strategy to shift into software-defined trucks that are smarter, safer, and upgradable over-the-air Mitsubishi Fuso is evaluating REE’s SDV and x-by-wire technologies for REE to serve as a potential supplier of a future vehicle platform The joint project has commenced and REE has begun […]
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 […]
REE Automotive to Report Fourth-Quarter and Fiscal Year 2024 Financial Results on April 29, 2025
REE Automotive to Report Fourth-Quarter and Fiscal Year 2024 Financial Results on April 29, 2025 TEL AVIV, Israel, March 28, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops and builds software-defined electric vehicles, today announced it will report its fourth-quarter and fiscal year 2024 financial results before market […]
REE Automotive Announces Increase in Previously Announced Registered Direct Offering to $36.4 Million with Pricing of Additional $9.4 Million at Premium to Market, Led by Strategic Investor Motherson Group
REE Automotive Announces Increase in Previously Announced Registered Direct Offering to $36.4 Million with Pricing of Additional $9.4 Million at Premium to Market, Led by Strategic Investor Motherson Group Motherson Group and M&G Investment led the round and held their ownership stake in the company Pricing is in addition to the previously announced $27 million […]
REE Automotive Announces Pricing of $27 Million Registered Direct Offering of Ordinary Shares
REE Automotive Announces Pricing of $27 Million Registered Direct Offering of Ordinary Shares Additional Proceeds Are invited into a Second Closing from Existing Strategic Investors TEL AVIV, Israel, March 18, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today […]
REE Automotive Signs MOU for Software-Defined Technology with One of The Leading Technology Companies, Paving the Way Toward Multi-Year, Large-Volume Autonomous Vehicles Framework Agreement
REE Automotive Signs MOU for Software-Defined Technology with One of The Leading Technology Companies, Paving the Way Toward Multi-Year, Large-Volume Autonomous Vehicles Framework Agreement REE is intended to be the exclusive provider of software-defined vehicle technology to this leading tech company in multiple global markets Definitive long-term collaboration agreement expected in 2025, leveraging REE’s P7 […]
REE Automotive to Host Ride & Drive of P7-C Software Defined Electric Truck at NTEA Work Truck Week 2025
REE Automotive to Host Ride & Drive of P7-C Software Defined Electric Truck at NTEA Work Truck Week 2025 Work Truck Week attendees can get behind the wheel of the first U.S.-certified full-by-wire vehicle P7-C with a Wabash high floor box and lift gate will be on display at REE’s booth #1843; P7-C with […]
REE Automotive Collaborates with Geotab to Provide Advanced Data Analytics to Fleets
REE Automotive Collaborates with Geotab to Provide Advanced Data Analytics to Fleets REE’s software defined vehicles (“SDV”) deliver more real-time data than traditional commercial solutions Geotab to gain access to REEai Cloud for advanced data analytics aimed to reduce total cost of ownership (“TCO”) for expanding North American fleet Geotab fleet management solution enables […]
Mission Mobile Medical and REE Automotive Collaborate to Transport Healthcare to Millions of Rural Americans
Mission Mobile Medical and REE Automotive Collaborate to Transport Healthcare to Millions of Rural Americans Mission Mobile, one of the world’s largest mobile health companies, intends to build its new mobile healthcare fleet on REE’s P7 electric trucks. New Powered by REE fleet will aim to expand Mission Mobile’s 200 mobile healthcare programs targeting […]
REE Automotive to Participate in Sidoti Micro-Cap Virtual Conference
REE Automotive to Participate in Sidoti Micro-Cap Virtual Conference CEO and co-founder Daniel Barel will host a company presentation at 8:30 a.m. ET on Thursday, January 23 and CFO Hai Aviv will meet one-on-one with potential investors TEL AVIV, Israel, Jan. 21, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology […]
REE Automotive to Participate in 27th Annual Needham Growth Conference
REE Automotive to Participate in 27th Annual Needham Growth Conference Company management will participate in 1-on-1 meetings with institutional, private equity, and venture capital investors NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, will participate in the […]
REE Automotive Reports Q3 2024 Results: Reservations Surge by 230% as Production Begins and Liquidity Increases, Reaffirming BoM Breakeven Target for H2 2025
REE Automotive Reports Q3 2024 Results: Reservations Surge by 230% as Production Begins and Liquidity Increases, Reaffirming BoM Breakeven Target for H2 2025 Demand for Powered by REE vehicles surges as reservations grow by 230% to $137 million* including reservations for production that extend beyond 2025. Significant progress toward integration of REEs software defined vehicle […]
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 Strengthens Executive Leadership Team and Board of Directors with Two Key Appointments
REE Automotive Strengthens Executive Leadership Team and Board of Directors with Two Key Appointments TEL AVIV, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the appointment of Rajesh Goel, president at […]
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 Automotive Reports First Quarter 2024 Financial Results: Deliveries to Customers Have Begun Including to Penske, U-Haul and Airbus
REE Automotive Reports First Quarter 2024 Financial Results: Deliveries to Customers Have Begun Including to Penske, U-Haul and Airbus Penske Truck Leasing begins to offer Powered by REE® Electric Vehicles to its customers U-Haul received Powered by REE electric platform and is evaluating it as the first solution to support the electrification of its […]
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 […]
REE Automotive to Report First Quarter 2024 Financial Results on May 30, 2024
REE Automotive to Report First Quarter 2024 Financial Results on May 30, 2024 TEL AVIV, Israel, May 17, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its first quarter 2024 financial results […]
REE Automotive’s P7-C Electric Trucks and Platforms Approved for $30,000 Incentive Per Vehicle in Massachusetts
REE’s class 4 software-driven commercial EV was approved for the Massachusetts MOR-EV truck incentive which, when combined with the federal credit, could total up to $70,000 in cost savings per vehicle Available for orders now at regional dealers in Massachusetts and across the U.S. TEL AVIV, Israel, May 16, 2024 (GLOBE NEWSWIRE) — REE Automotive […]
Penske Truck Leasing to Offer REE Automotive’s P7-C EV Trucks to its Customers for Demos and Orders Across North America
– The Powered by REE® Penske truck will be on display at the REE booth at ACT Expo in Las Vegas– The P7-C is the world’s first FMVSS certified full by-wire EV featuring all-wheel steer and all-wheel drive with a range of up to 169 miles and a driver-centric cab upfitted with a 16 foot […]
REE Automotive Continues to Expand Full by-Wire EV Offering at ACT Expo 2024
– REE to showcase new variants of its software-driven electric trucks – Company to announce new partnerships – First ever open opportunity to ride and drive the world’s first full by-wire P7-C truck – Explore the three ways to upgrade your vehicles to the full by wire technology at booth 3723 LAS VEGAS, May 08, […]
REE Automotive Reports Fourth Quarter and Fiscal Year 2023 Financial Results
REE has accomplished the majority of its milestones as the first to commercialize full x-by-wire technology, setting the path for sustainable growth TEL AVIV, Israel, March 27, 2024 (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 […]
Demand for REE Automotive Full By-Wire EVs Continues to Grow as Orderbook Value Surpasses $50 Million
– REE’s authorized dealer network grows to 66 sales and service locations across the U.S. and Canada through 20 authorized dealers– New dealers include Macnab EV Sales Corp., Pacific Mobility Group and Kaizen Automotive Group– REE expands partnerships with leading body builders, adding Hackney, North American manufacturer of side load beverage and vending bodies, solutions […]
REE Automotive P7-C Receives CARB Certifications
Powered by REE P7-C electric truck is eligible for sale in California Certifications makes P7-C eligible for over $100,000 in state and federal incentives Deliveries have commenced to REE’s Authorized Dealer Network and vehicle demonstrations will continue in the coming months TEL AVIV, Israel, March 25, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), […]
REE Automotive Announces Date for Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call
TEL AVIV, Isreal, March 22, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, will release its fourth quarter and fiscal year 2023 financial results before market open on Wednesday, March 27, 2024. A webcast and conference call […]
REE Automotive to Present at the 36th Annual Roth Conference
– REE’s zero-emission, software-driven commercial EV will be on display, showcasing to investors the company’s unique value proposition for the North American market– Carlton Rose, REE’s chairman of the board, will speak on a panel discussion around sustainability and the future of zero emission trucking on Monday, March 18 at noon PT– REE Co-Founder and […]
REE Announces Closing of Public Offering of Ordinary Shares
– Raised $14.95 million in ordinary shares issued with minimal discount – Overallotment fully exercised – Multiple investors participated in the round, led by M&G, REE’s largest investor TEL AVIV, Israel, March 06, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, […]
REE Automotive selected by Airbus UpNext
TEL AVIV, Israel, March 05, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”) has been selected by Airbus UpNext, wholly-owned innovation subsidiary of Airbus SE (stock exchange symbol: EADSY), to provide technological know-how based upon its REEcorner® and full-by-wire control systems. “Our fully-by-wire technology was carefully selected by Airbus UpNext […]
REE Announces Pricing of Public Offering of Ordinary Shares
TEL AVIV, Israel, March 01, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), today announced the pricing of an underwritten public offering of 2,000,000 Class A ordinary shares (the “ordinary shares”). Each ordinary share is being sold at a public offering price of $6.50 per share. The Company has granted […]
REE Announces Proposed Public Offering of Ordinary Shares
TEL AVIV, Israel, Feb. 29, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), today announced that it has launched a public offering to offer and sell its Class A ordinary shares (the “ordinary shares”). The Company expects to grant the underwriter a 20-day option to purchase up to an additional […]
REE Automotive to Showcase Two Configurations of P7-C Fully-by-Wire Electric Truck at Work Truck Week 2024
– P7-C Chassis Cab will be on display to the public at REE’s booth #1843– A full utility configuration of P7-C with Knapheide’s KUV body will be on display on March 5– REE and Knapheide to host a joint press conference on Wednesday, March 8 at 3:45 p.m. ET INDIANAPOLIS, Feb. 27, 2024 (GLOBE NEWSWIRE) […]
REE Automotive and Knapheide Debut Full Vehicle Solution
REE Automotive’s first Class 4 P7-C demo electric chassis cab to arrive in the U.S. has been upfitted with Knapheide’s KUV body The vehicle will travel to NTEA Work Truck Week in Indianapolis to be showcased at Knapheide’s distributor event on March 5, 2024 QUINCY, Ill., Feb. 22, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. […]
REE Ships P7-C Demo to FMI Truck Sales & Service; Franz Bakery, Bedmart, Indoor Billboard, PointS Tires and Kelly’s Home Center Fleets Set to Begin Evaluation of P7-C Vehicle
COVENTRY, United Kingdom, Jan. 29, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that leading northwest fleets in the U.S., including Franz Bakery, Bedmart, Indoor Billboard, PointS Tires and Kelly’s Home Center, in partnership with […]
Monarch Truck Center to Host Ride and Drive of REE’s P7-C for Canteen, Stanford University, City of San Jose and Other Large Fleet Customers in the Bay Area
SAN FRANCISCO, Jan. 25, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, announced today that Monarch Truck Center, a premier medium-duty truck dealer in the California Bay Area, will be amongst the first of REE’s certified dealers […]
REE Completes U.S. Certification of Full-by-Wire Vehicles and Begins Customer Deliveries of its P7-C Electric Truck
REE’s P7-C is the first fully by-wire truck to achieve U.S. FMVSS and EPA certifications Customer deliveries of demonstration trucks has begun P7-C vehicles are eligible for US federal tax credit of up to $40,000 per vehicle and are expected to be eligible for over $100,000 of incentives per vehicle with additional state credits TEL […]
REE Automotive Announces Third Quarter 2023 Financial Results
Strong growing demand for P7, focused operational efficiencies, first demo vehicles planned to be shipped to customers in December TEL AVIV, Israel, Nov. 30, 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 third quarter […]
REE Automotive, Ltd. Announces Date for Third Quarter 2023 Earnings Release and Conference Call
TEL AVIV, Israel, Nov. 22, 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 it will release its third quarter 2023 financial results before market open on Thursday, November 30, 2023. A webcast and conference call will […]
REE Automotive Shareholder Fireside Chat with CEO and Co-Founder Daniel Barel
https://youtube.com/watch?v=Rvx7aDlCm7A%3Fsi%3D85BBKSomy81tkUHz REE Automotive conducted a shareholder fireside chat with CEO and co-founder Daniel Barel on November 2, 2023. REE leveraged the Say Technologies’ Q&A platform to enable shareholders to submit and upvote questions. A full transcript of the video is provided below. KIM: Hello everyone and thank you for joining us for a fireside chat […]
REE Automotive Regains Compliance with Nasdaq Minimum Bid Price Requirement
TEL AVIV, Israel, Nov. 01, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, today received a notification letter from Nasdaq Listing Qualifications staff notifying the Company that it had regained compliance with the minimum bid price requirement set forth in the […]
REE Automotive Initial Order Book Value Jumps to Approximately $40 Million
Company’s initial order book value doubles since late August 2023 Midwest Transit Equipment joins REE’s Authorized Dealer Network and places binding order Deliveries to Midwest Transit Equipment are planned to begin in Q1 2024 TEL AVIV, Israel, Oct. 25, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of […]
REE Automotive to Webcast CEO Fireside Chat on November 2, 2023
Company invites shareholders to submit questions for the webcast TEL AVIV, Israel, Oct. 19, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, today announced that CEO and co-founder Daniel Barel will participate in a shareholder fireside chat on November 2, 2023. […]
REE Automotive Initial Order Book Value Grows to Approximately $25 Million, a 30% Increase Since End of August 2023
Company progresses towards full vehicle certification with expected first customer deliveries by the end of 2023 and production plan of up to 300 P7 trucks in 2024 REE Authorized Dealer Network grows to 15 dealers covering the U.S. and Canada TEL AVIV, Israel, Oct. 18, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an […]
REE Automotive Obtains EPA Certification for Its P7 Electric Truck Lineup
TEL AVIV, Israel, Oct. 11, 2023 (GLOBE NEWSWIRE) — REE Automotive (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, has received United States Environmental Protection Agency (EPA) certification for its P7-C chassis cab and P7-S stripped chassis products. Certification from the EPA is another step towards REE’s planned […]
REE Automotive Named to the 2024 FreightWaves FreightTech 100
TEL AVIV, Israel, Sept. 21, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, has been included in FreightWaves’ annual FreightTech 100 list, an award spotlighting the most innovative companies in the freight technology sector. FreightWaves provides thought leadership and editorial content […]
REE Automotive Appoints Carlton Rose, Former Global President of Fleet Maintenance and Engineering at UPS, as Chairman of its Board of Directors
TEL AVIV, Israel, Sept. 11, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that Carlton Rose has been appointed Chairman of its Board of Directors (Board), effective upon his re-election to the Board at REE’s 2023 Annual Meeting of […]
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 https://ree.auto/lp/shareholders-letter-2q23/ The company […]
REE Confirms FMVSS Certification Feasibility of its X-by-Wire Systems Ahead of Q4 2023 Vehicle Certification
Joint testing with HORIBA-MIRA confirms the feasibility of REE’s x-by-wire vehicle control system to pass FMVSS certification requirements REE intends to fully certify its Powered by REE P7 electric truck lineup by the end of 2023, including FMVSS, CARB and EPA certification Achievement of full certification will align with previously announced plan to deliver US […]
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 […]
REE Automotive, Ltd. Announces Date for Second Quarter 2023 Earnings Release and Conference Call
TEL AVIV, Israel, Aug. 15, 2023 — REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, announced today it will release its second quarter 2023 financial results before market open on Tuesday, August 29, 2023. A webcast and conference call will be held […]
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, Ltd. Announces Date for First Quarter 2023 Earnings Release and Conference Call
TEL-AVIV, Israel, May 15, 2023 — REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, announced today it will release its first quarter 2023 financial results before market open on Tuesday, May 23, 2023. A webcast and conference call will be held on […]
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 Ltd. Files Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2022
TEL AVIV, Israel, March 28, 2023 — REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, today announced that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Commission (the […]
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 […]
REE Automotive Appoints New Chief Financial Officer, Announces New Board Members to Position the Company for Continued Growth in 2023
TEL-AVIV, Israel, March 15, 2023 — GlobeNewswire – REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of electric vehicle (EV) platforms, today announced that David Goldberg, who has served as Chief Financial Officer since 2022, will be stepping down from his current executive duties on March 28, 2023, to pursue other career […]
REE Automotive, Ltd. Announces Date for Fourth Quarter 2022 Earnings Release and Conference Call
TEL-AVIV, Israel, March 09, 2023 — 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 conference call […]
REE Automotive Names Authorized Dealers for The United States
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 Ltd. Announces Receipt of Notice of Deficiency from Nasdaq Resulting from Previously Announced Departure of Director
TEL-AVIV, Israel, Feb. 10, 2023 — REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and developer of electric vehicle platforms, announced that it received a notice of deficiency (the “Notice”) from the Nasdaq Stock Market (“Nasdaq”). The non-compliance cited by Nasdaq in the Notice is the result of the previously-announced […]
REE Automotive Announces Third Quarter 2022 Financial Results
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 Ltd. Updates That It Has Received Nasdaq Notification Regarding Minimum Bid Price Requirement
TEL-AVIV, Israel, Nov. 10, 2022 — REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms, received a notification on November 7, 2022 from The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it no longer satisfies Nasdaq Listing Rule 5450(a)(1) because for the past 30 […]
REE Automotive, Ltd. Announces Date for Third Quarter 2022 Earnings Release and Conference Call
TEL-AVIV, Israel, Nov. 02, 2022 — 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 will be […]
REE Automotive Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to Warrants
TEL AVIV, Israel, Sept. 23, 2022 — REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, announced today the expiration and results of its previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to […]
REE Automotive Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants
TEL AVIV, Israel, Aug. 25, 2022 — REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase Class A […]
REE Automotive Announces Second Quarter 2022 Financial Results
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 Debuts P7-B, an Electric Class 3 Box Truck
New powered by REE EV to begin real-world customer evaluations this winter P7-B designed and built by REE to target strong and growing delivery vehicle market Box truck configuration with ultra-low flat floor, all-wheel steer, with up to 4,400 lbs payload, up to 150-mile range and quick REEcorner swap technology for minimal downtime Follows months […]
REE Automotive, Ltd. Announces Date for Second Quarter 2022 Earnings Release and Conference Call
TEL-AVIV, Israel, Aug. 03, 2022 — 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 second quarter 2022 financial results before the NASDAQ market opens on Tuesday, August 16, 2022. A webcast and conference call will be […]
REE Automotive Shares Details for Virtual Investor Event
YPSILANTI, Mich., July 26, 2022 — REE Automotive (NASDAQ: REE) will host an investor event on July 28, live-streamed from the American Center for Mobility in Ypsilanti, Mich., to provide a business update and showcase the first electric walk-in van Powered by a REE P7 electric chassis, paired with the newly-designed EAVX and Morgan Olson […]
Morgan Olson, EAVX and REE Automotive host customer evaluations for Proxima Powered by REE, a newly-designed electric walk-in step van
Companies kick-off live demonstrations and evaluations by prospective customers Proxima sets new standard in driver comfort, aerodynamics and maneuverability View Proxima in motion here ANN ARBOR, Mich., July 25, 2022 — EAVX, Morgan Olson and REE Automotive (Nasdaq: REE) are hosting the first live demonstrations and customer evaluations this week of Proxima Powered by REE, […]
REE to Host Investor Event to Introduce New Electric Walk-In Van with EAVX
Investors and analysts to experience REE P7 electric chassis on EAVX and Morgan Olson walk-in step van design Hybrid event will feature business update and Q&A session with REE leadership On-site participation allows analysts and investors to experience first-hand REE’s fully-flat P7 chassis upfitted with a walk-in step van body by EAVX and Morgan Olson […]
REE Automotive Announces First Quarter 2022 Financial Results
Business plan on track towards firm orders and start of production Market’s first fully drive-by-wire electric van, developed with EAVX, a subsidiary of JB Poindexter & Co, to begin validation and road testing by pipeline customers in the U.S. Positive feedback on the P7 platform from pipeline customers, including two global OEMs and three large […]
EAVX and REE Automotive to Begin Customer Evaluations of New Electric Walk-In Van
ANN ARBOR, Mich., May 17, 2022 — EAVX, a subsidiary of JB Poindexter & Co (JBPCO), and REE Automotive (NASDAQ: REE), an automotive technology leader and provider of electric vehicle platforms, today announced the companies’ new fully electric walk-in step van prototype will begin customer evaluation this summer. The class 5 vehicle debuts the EAVX […]
REE Announces Further Progress Towards Commercial Production Capabilities
Core robotic assembly proven and on schedule to be implemented into first highly automated Integration Center in UK Novel cloud-based robotic manufacturing approach creates efficiency, savings, and scale flexibility Upcoming Austin, Texas, Integration Center will replicate scalable robotic assembly operations Initial capacity of 10,000 vehicle sets by year end to double by 2023 NUNEATON, United […]
REE Automotive, Ltd. Announces Date for First Quarter 2022 Earnings Release and Conference Call
TEL AVIV, Israel, April 28, 2022 — 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 first quarter 2022 financial results before the NASDAQ market opens on Tuesday, May 17, 2022. A webcast and conference call will […]
Ree Automotive Appoints Josh Tech as Chief Operations Officer
Former Tesla leader brings operational and new product introduction manufacturing expertise from automotive and technology industries as REE opens global integration centers and readies for commercial production TEL AVIV, Israel, April 05, 2022 — REE Automotive (“REE”) (Nasdaq: REE), today announced the appointment of operations and manufacturing executive Josh Tech as the company’s chief operations […]
REE Automotive Ltd. Files Annual Report for Form 20-F for the Fiscal Year Ended December 31, 2021
TEL AVIV, Israel, March 28, 2022 (GLOBE NEWSWIRE) — REE Automotive (“REE”) (Nasdaq: REE), an automotive technology leader and provider of electric vehicle (EV) platforms, today announced that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission (the “SEC”). The […]
REE Automotive Announces Fourth Quarter 2021 Financial Results
Business plan on track towards firm orders and start of production Commencing commercial trials of the P7 platform in Q1 2022 for commercial delivery vehicles in advance of customer testing of full vehicles in mid-2022 Jointly exhibited FlatFormer, a concept model EV platform being developed jointly with Hino Motors at CES Announced strategic agreement with […]
REE Automotive, Ltd. Announces Date for Fourth Quarter 2021 Financial Results Release and Conference Call
TEL AVIV, Israel, Feb. 18, 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 fourth quarter 2021 financial results before the NASDAQ market opens on Thursday, March 3, 2022. A webcast and conference […]
REE Automotive to Showcase P7 Platform for the First Time at Work Truck Week 2022
INDIANAPOLIS, Feb. 17, 2022 (GLOBE NEWSWIRE) — WHAT: REE Automotive (NASDAQ: REE) will exhibit at Work Truck Week 2022, North America’s largest work truck event presented by NTEA, the Association for the Work Truck Industry. The event will mark REE’s debut of its fully-flat, modular P7 platform, which was announced at CES 2022. REE’s P7 […]
REE Automotive to Participate in Leading Investor Conferences in Q1 2022
REE co-founder & CEO Daniel Barel will talk about how REE’s technology, modular platforms, and business model can accelerate electrification for fleets during fireside chats, 1-on-1 and small group meetings TEL AVIV, Israel, Feb. 11, 2022 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: “REE”), an automotive technology leader and provider of electric vehicle platforms, today […]
Hino Motors to Join REE Automotive With Platform Display at CES 2022
TEL AVIV, Israel, Dec. 09, 2021 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: REE) and Hino Motors (TYO:7205) expand their shared vision on future electric mobility to data-as-a-service and charging infrastructure solutions development Companies on track for hardware prototypes by FY2022 Concept model of Hino and REE’s joint EV platform, the FlatFormer, makes U.S. debut […]
REE Automotive Announces Third Quarter 2021 Financial Results
Expedited execution on previously stated commercialization targets Successfully completed customer validation tests on non-public roads Nominated two strategic suppliers targeted for commercial production Unveiled autonomous last mile delivery concept vehicle based on REE’s modular EV platform Company to host webcast and conference call on November 16th at 8.30 am ET TEL-AVIV, Israel, Nov. 16, 2021 […]
REE Unveils Leopard, a Fully Autonomous Concept Vehicle Based on REE’s Modular EV Platform
Concept vehicle is powered by a new modular REEboardTM EV platform architecture Last-mile autonomous delivery solution ideal for delivery, e-retail and logistics, with design developed based on stated needs from specific companies Designed to leverage the ease of autonomous drive system integration to REEcenterTM electronic control unit (ECU) and REEcorners for unparalleled performance and safety […]
REE Expands Shareholder Access to Its Financial Results Release
REE will leverage Say Connect Platform to crowdsource questions ahead of earning calls, broadening access to retail investors TEL-AVIV, Israel, Nov. 09, 2021 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: REE), a leader in e-mobility, today announced that it has partnered with Say Technologies, (“Say”) for its innovative communication platform. The platform will allow REE […]
REE Announces Nomination of American Axle to Supply Next Generation 3-in-1 Electric Drive Technology
TEL AVIV, Israel – 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 […]
REE Automotive, Ltd. Announces Date for Third Quarter 2021 Financial Results Release, Webcast and Conference Call
NEW YORK and TEL AVIV, Israel, Nov. 02, 2021 (GLOBE NEWSWIRE) — REE Automotive, Ltd. (NASDAQ: REE), a leader in e-mobility, announced today that it will release its third quarter 2021 financial results before the market opens on Tuesday, November 16, 2021. A webcast and conference call will be held on November 16, 2021, at […]
REE Automotive Appoints Two New Board Members
Expanded Board Enhances Financial and Governance Expertise Supporting ESG Commitments TEL-AVIV, Israel – 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 […]
REE Automotive Appoints Two New Board Members
Expanded Board Enhances Financial and Governance Expertise Supporting ESG Commitments TEL-AVIV, Israel – 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 […]
REE Automotive Announces Participation in Investor Conferences in Q4 2021
REE Co-Founder & CEO Daniel Barel will talk about the future of EVs and REE's business strategy during fireside chats, 1-on-1 and small group meetings NEW YORK and TEL-AVIV, Israel, Oct. 19, 2021 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: “REE”), a leader in e-mobility, today announced that it will participate in a series of […]
REE Automotive to Participate in Series of Investor Conferences
REE Co-Founder & CEO, Daniel Barel, to present vision and strategy for EV future NEW YORK and TEL-AVIV, Israel, Sept. 03, 2021 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: “REE”), an innovator in e-mobility, today announced that it will participate in a series of Investor Conferences during September. REE Co-Founder and Chief Executive Officer, Daniel […]
REE Automotive Awarded $17 USD Million Funding from the UK Government
Funding will allow REE to advance commercial production of its breakthrough REEcorner™ technology and ultra-modular EV platforms Project to help accelerate industry shift towards net zero-emissions with REE’s technology designed to support extensive range of electric vehicles TEL AVIV, Israel, Aug. 19, 2021 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: “REE”), an innovator in e-mobility […]
REE Automotive Announces Second Quarter 2021 Financial Results
Listed on NASDAQ under Ticker “REE” Continued to Penetrate the EV Industry through Multiple Strategic Alliances with Global Industry Leaders, based on Modular Platforms ‘Powered by REE’ Working Toward Mass Commercial Production in 2023 Company to Host Conference Call on August 17 at 8.30 am ET TEL-AVIV, Israel, Aug. 17, 2021 (GLOBE NEWSWIRE) — REE […]
REE Automotive, Ltd. Announces Date for Second Quarter 2021 Financial Results Release, Webcast and Conference Call
NEW YORK and TEL-AVIV, Israel, Aug. 10, 2021 (GLOBE NEWSWIRE) — REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), a leader in e-mobility, announced today that the Company will release its second quarter 2021 financial results before the NASDAQ market opens on Tuesday, August 17, 2021. A webcast and conference call will be held […]
REE Automotive Will Open its U.S. Headquarters and First Integration Center in Austin, Texas, as it Prepares for Production in 2023
REE U.S. HQ to capitalize on growing market demand for EVs in North America REE Austin is expected to generate more than 150 jobs in the region in the next few years Expected annual capacity of U.S. Integration Center to be 40,000 modular EV platforms by H2 2022 TEL-AVIV, Israel – REE Automotive Ltd. [NASDAQ: […]