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.

TEL AVIV, Israel, Aug. 25, 2022 (GLOBE NEWSWIRE) -- 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 ordinary shares of the Company, without par value (the “Class A ordinary shares”), which warrants trade on the Nasdaq Stock Market (“Nasdaq”) under the symbol “REEAW”(the “public warrants”) and (ii) related private placement warrants to purchase Class A ordinary shares (the “private placement warrants” and, together with the public warrants, the “warrants”). The warrants were assumed by REE in connection with its business combination with 10X Capital Venture Acquisition Corp. on July 22, 2021. The purpose of the Offer and Consent Solicitation is to simplify the Company's capital structure and reduce the potential dilutive impact of the warrants, thereby providing the Company with more flexibility for financing its operations in the future.

REE Automotive Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

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REE Automotive Ltd. (NASDAQ:REE ) Q2 2022 Earnings Conference Call August 16, 2022 8:30 AM ET Company Participants Limor Gruber - Vice President of IR Daniel Barel - Co-Founder and CEO Josh Tech - COO David Goldberg - CFO Conference Call Participants Michael Shlisky - D.A.

REE Automotive Ltd. (REE) CEO Daniel Barel on Q2 2022 Results - Earnings Call Transcript

Strong customer feedback on Proxima Powered by REE and P7-B following fleet evaluations Company expects orders for multiple test fleets Strong customer feedback on Proxima Powered by REE and P7-B following fleet evaluations Company expects orders for multiple test fleets

REE Automotive Announces Second Quarter 2022 Financial Results

TEL-AVIV, Israel, Aug. 03, 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 second quarter 2022 financial results before the NASDAQ market opens on Tuesday, August 16, 2022. A webcast and conference call will be held on the same date at 8:30 a.m. Eastern time to review the Company's results, discuss recent events and conduct a question-and-answer session.

REE Automotive, Ltd. Announces Date for Second Quarter 2022 Earnings Release and Conference Call

YPSILANTI, Mich., July 26, 2022 (GLOBE NEWSWIRE) -- 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 Proxima van body.

REE Automotive Shares Details for Virtual Investor Event

ANN ARBOR, Mich., July 25, 2022 (GLOBE NEWSWIRE) -- EAVX, Morgan Olson and REE Automotive (Nasdaq: REE) are hosting the first live demonstrations and customer evaluations this week of Proxima Powered by REE, the newly announced fully drive-by-wire walk-in step van. The joint events highlight the benefits of the newly-designed EAVX and Morgan Olson body paired with REE's fully-flat, modular P7 chassis and x-by-wire technology.

Morgan Olson, EAVX and REE Automotive host customer evaluations for Proxima Powered by REE, a newly-designed electric walk-in step van

ANN ARBOR, Mich.--(BUSINESS WIRE)--EAVX and Morgan Olson, both subsidiaries of JB Poindexter & Co (JBPCO), today are revealing first images and additional details of its new Class 5 walk-in step van body design that offers unprecedented integrated technology and aims to lead the way in the development of next-generation commercial delivery vehicles. Named Proxima, the body builds off Morgan Olson's reputation for durable and dependable commercial vehicle bodies, while introducing new techno

Morgan Olson, EAVX unveil all-new Class 5 walk-in step van body

REE Automotive is an under-the-radar EV company targeting commercial delivery fleets and Mobility-as-a-Service startups. The company only went public last year on the back of the SPAC boom.

REE Automotive: Building A Platform To Ride Growing Demand For Commercial EVs

Investors and analysts to experience REE P7 electric chassis on EAVX and Morgan Olson walk-in step van design Investors and analysts to experience REE P7 electric chassis on EAVX and Morgan Olson walk-in step van design

REE to Host Investor Event to Introduce New Electric Walk-In Van with EAVX

REE Automotive, which develops rolling chassis for commercial electric vehicles (EVs), said on Tuesday that it will start customer tests of its electric walk-in van in Detroit this summer to take orders for 2023 deliveries.

REE Automotive to hold customer tests of electric van in Detroit

REE Automotive Ltd. (NASDAQ:REE ) Q1 2022 Earnings Conference Call May 17, 2022 8:30 AM ET Company Participants Limor Gruber - Director of IR Daniel Barel - Co-Founder and CEO David Goldberg - CFO Conference Call Participants Mike Shlisky - D.A.

REE Automotive Ltd. (REE) CEO Daniel Barel on Q1 2022 Results - Earnings Call Transcript

Business plan on track towards firm orders and start of production

REE Automotive Announces First Quarter 2022 Financial Results

ANN ARBOR, Mich., May 17, 2022 (GLOBE NEWSWIRE) -- 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 body design powered by REE's modular P7 platform, making it the first fully drive-by-wire walk-in van on the market.

EAVX and REE Automotive to Begin Customer Evaluations of New Electric Walk-In Van

Today, investors in REE stock have a lot to like about a big announcement surrounding a new automated production facility in the U.K. The post REE Stock Pops 8% on Plans to Build Electric Vehicle Facility in U.K. appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn't matter if you have $500 in savings or $5 million.

REE Stock Pops 8% on Plans to Build Electric Vehicle Facility in U.K.

NUNEATON, United Kingdom, May 16, 2022 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE), an automotive technology company and provider of electric vehicle (EV) platforms, announced today progress towards commercial production, having proven its robotic assembly capabilities, the core of its CapEx-light and highly-automated integration center manufacturing approach. REE's plans to implement the cloud-based robotic assembly lines at its network of highly-digitalized global manufacturing plants with first in its European Integration Center in Coventry, UK.

REE Announces Further Progress Towards Commercial Production Capabilities

TEL AVIV, Israel, April 28, 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 first quarter 2022 financial results before the NASDAQ market opens on Tuesday, May 17, 2022. A webcast and conference call will be held on the same date at 8:30 a.m. ET to review the Company's results, discuss recent events and conduct a question-and-answer session.

REE Automotive, Ltd. Announces Date for First Quarter 2022 Earnings Release and Conference Call

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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 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

Ree Automotive Appoints Josh Tech as Chief Operations Officer

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”).

REE Automotive Ltd. Files Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2021

Wells Fargo analyst Lawrence Biegelsen initiated coverage of REE Automotive Ltd (NASDAQ: REE) with an Underweight rating and $1 price target, implying a 54.55% downside. Biegelsen said the total fetchable market by 2030 was much smaller than the company's estimate of.

Wells Fargo Sees 54% Downside In REE Automotive - Read Why

REE Automotive Ltd.'s (REE) CEO Daniel Barel on Q4 2021 Results - Earnings Call Transcript

REE Automotive Announces Fourth Quarter 2021 Financial Results

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 call will be held on the same date at 8 a.m. ET to review the Company's results, discuss recent events and conduct a question-and-answer session.

REE Automotive, Ltd. Announces Date for Fourth Quarter 2021 Financial Results Release and Conference Call

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.

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