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 the fourth quarter and fiscal year ended December 31, 2023, through a shareholder letter posted on the company’s investor relations website HERE . The company will also hold a conference call today, March... Read More

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 to upfit REE’s P7-C chassis cab TEL AVIV, Israel, March... Read More

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)... Read More

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 will be held on the same date at 8:30 a.m. ET to review the Company’s... Read More

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... Read More

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, today announced the closing of its previously announced underwritten public offering of 2,300,000 Class A ordinary shares (the “ordinary shares”), which includes the full exercise of the underwriter’s overallotment option. Each ordinary share was... Read More

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 to support their need in a research... Read More

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 the underwriter a 20-day option to purchase up to an additional 300,000 ordinary... Read More

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 15% of the number of ordinary shares sold in the offering to cover over-allotments, if any. The... Read More

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 Ltd.... Read More

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.... Read More

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... Read More

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 ,... Read More

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... Read More

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... Read More

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 ended September 30, 2023, through a shareholder letter posted on the company’s investor relations website HERE . The company will also hold a conference call today, November 30, 2023 at... Read More

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 be held on the same date at 8:30 a.m. Eastern Time to review the... Read More

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 Nasdaq Listing Rule 5550(a)(2). The notification letter... Read More

• 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... Read More

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. The discussion will be moderated by CMO Keren Shemesh and will begin at 11 a.m. ET. REE will use Say Technologies’ Q&A... Read More

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:... Read More

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.... Read More

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 focused on economic and innovative... Read More

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 Shareholders scheduled for October 16, 2023 (AGM). Rose joined REE’s Board... Read More

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 will also hold a... Read More

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... Read More

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... Read More

TEL AVIV, Israel, Aug. 15, 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 second quarter 2023 financial results before market open on Tuesday, August 29, 2023. A webcast and conference call will be held on the same date at 8:30 a.m. Eastern Time to review the... Read More

TEL AVIV, Israel, June 27, 2023 (GLOBE NEWSWIRE) -- 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 in the world bringing invaluable expertise and a wealth of... Read More

TEL AVIV, Israel, May 23, 2023 (GLOBE NEWSWIRE) -- 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 first quarter ended March 31, 2023, through a shareholder letter posted on the company’s investor relations website at https://investors.ree.auto . The company will also hold a conference... Read More

TEL-AVIV, Israel, May 15, 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 first quarter 2023 financial results before market open on Tuesday, May 23, 2023. A webcast and conference call will be held on the same date at 8:30 a.m. Eastern Time to review the Company’s... Read More

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... Read More

TEL AVIV, Israel, March 28, 2023 (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 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 “SEC”). The report is available on the SEC’s website, at www.sec.gov... Read More

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 growth for Powered by REE vehicles growing customer base from 2 to 8 since reporting 3Q22 results with 35 firm orders as of today... Read More

TEL-AVIV, Israel, March 15, 2023 (GLOBE NEWSWIRE) -- 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 opportunities. He will continue to work with the... Read More

TEL-AVIV, Israel, March 09, 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 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 will be held on the same date at 8:30 a.m. Eastern... Read More

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. In addition, Mitsubishi HC Capital America will continue to support REE’s... Read More

TEL-AVIV, Israel, Feb. 10, 2023 (GLOBE NEWSWIRE) -- 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 departure of Ms. Lilach Geva-Harel from... Read More

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 Months On Budget for 2H23 Start of Production with Integration Center Build Out, Design and Engineering on Time Company’s Liquidity Position Sufficient to Commercialize P7 Program NEW YORK, Nov.... Read More

TEL-AVIV, Israel, Nov. 10, 2022 (GLOBE NEWSWIRE) -- 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 consecutive business days preceding the date of... Read More

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 held on the same date at 8:30 a.m. Eastern time to review the Company’s results, discuss recent events... Read More

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 purchase Class A ordinary shares of the Company, without par value (the “Class A... Read More

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... Read More

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 on budget Continued on-time progress on integration centers ahead of anticipated 2023 start of production REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology... Read More

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 of successful customer evaluations and on track for... Read More

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... Read More

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. What: Live-streamed event to include a business update and Q&A session with REE’s management team... Read More

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 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... Read More

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 Event follows initial customer testing and evaluations, as REE is building its... Read More

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 fleets Integration center robotic assembly line on track, with anticipated... Read More

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... Read More

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... Read More