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 opens on Tuesday, April 29, 2025. A webcast and conference call will be held on the same day at 8:30 a.m. ET to review the Company's financial results for the fourth quarter of 2024 and discuss recent events and conduct a question-and-answer session. Investors may submit questions for consideration by emailing [email protected]. Event: REE's Fourth-Quarter and Fiscal Year 2024 Financial Results

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 offeringNew capital further strengthens REE's cash position ahead of planned vehicle deliveries for nearly $1 billion in reservations TEL AVIV, Israel, March 26, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company that develops and builds software-defined electric vehicles, today announced that it has entered into securities purchase agreements with certain existing strategic investors, including M&G Investments and Motherson Group, for the purchase and sale of 2,219,

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 announced that it has entered into securities purchase agreements with new institutional investors and certain existing strategic investors, including M&G Investments and Varana Capital, for the purchase and sale of 6,376,631 ordinary shares at a purchase price of $4.25 per share, pursuant to a registered direct offering, resulting in gross proceeds of up to approximately $27 million at closing(s) before deducting placement agent commissions and other offering expenses. The initial closing o

REE is intended to be the exclusive provider of software-defined vehicle technology to this leading tech company in multiple global marketsDefinitive long-term collaboration agreement expected in 2025, leveraging REE's P7 platform to deliver thousands of autonomous vehicles by 2030 with start of production expected in 2027Targeting revenue from the strategic collaboration agreement of up to $770 million by 2030 with software and services revenue expected to begin in H2 2025 TEL AVIV, Israel, March 18, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company that develops and builds software-defined electric vehicles, entered into a non-binding memorandum

Work Truck Week attendees can get behind the wheel of the first U.S.-certified full-by-wire vehicleP7-C with a Wabash high floor box and lift gate will be on display at REE's booth #1843; P7-C with the Knapheide stakebed body will be available for outdoor ride & drives at the Indiana Convention CenterREE recently received California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) approval, unlocking up to $60,000 in incentives for California Fleets under the state's current tax incentive programREE's collaboration with Geotab network aims to bring advanced data analytics to fleets using REE's software defined vehicles (SDVs) INDIANAPOLIS, Feb. 25, 2025 (GLOBE N

REE's software defined vehicles ("SDV") deliver more real-time data than traditional commercial solutionsGeotab to gain access to REEai Cloud for advanced data analytics aimed to reduce total cost of ownership ("TCO") for expanding North American fleetGeotab fleet management solution enables fleets to monitor REE's SDVs and other vehicles seamlessly, while significantly enhancing the cache of data quality and volume TEL AVIV, Israel, Feb. 20, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced a collaboration with Geotab, a global leader in telematics and fleet management so

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 more than two million Americans in 42 states who currently do not have equitable healthcare access.First P7 vehicle delivery is slotted for mid 2025. GREENSBORO, N.C. and TEL AVIV, Israel, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Mission Mobile Medical and REE Automotive Ltd. (NASDAQ:REE) have signed an agreement under which REE will provide vehicles to Mission Mobile Medical which will be used by the latter to make healthcare more accessible to peopl

TEL AVIV, Israel, Jan. 21, 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 Sidoti Micro-Cap Virtual Conference on January 23, 2025. CEO and co-founder Daniel Barel will deliver a live presentation from 8:30 to 9 a.m. ET (Track 1) to discuss REE's software-defined vehicle technology, market opportunities and outlook for 2025 and beyond. The presentation is available to stream online by registering here. Conference participants may schedule one-on-one meetings with REE by contacting Dana Rubenstein at [email protected] or requesting them through the Sidoti online

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 27th Annual Needham Growth Conference in New York City on January 14, 2025. Company leadership including the CEO and co-founder Daniel Barel, CFO Hai Aviv and Chief Strategy Officer Dana Rubenstein will participate in 1-on-1 meetings to discuss the company's software-defined vehicle (SDV) technology, market opportunities and goals for the future. Conference participants may schedule a meeting with REE by contacting Dana Rubenstein at [email protected]. To learn more about REE Automotive's patented t

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 technology (SDV) into leading OEMs in several vehicle categories. Production of flagship P7 medium duty electric truck kicked-off according to plan targeting first deliveries in H1 2025 supported by strategic partner Motherson and Detroit-based Roush Industries. Production ramp up is targeted for H2 2025 reaffirming Company's target to reach bill-of-materials (BoM) breakeven in H2 2025 in the low hundreds of vehicles.REE's Autonomous-ready X by-wire architecture continues

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 Motherson Group ("Motherson"), to its board of directors and announced the return of Hai Aviv as Chief Financial Officer (CFO) to lead REE's North American expansion. Both appointments take effect on November 15, 2024. Motherson Group is strengthening its commitment to REE, with the appointment of Rajesh Goel to the Board of Directors. Rajesh's extensive automotive background, including his current leadership role at Mothers

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 in June shortly after retiring from a long and distinguished career at UPS where he last served as the president of global fleet maintenance and engineering. "I would like to congratulate Carlton on his appointment as Chairman in such paramount stage for REE as we prep

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 company through the end of June 2023 in a new role as a senior advisor. David will be succeeded by Mr. Yaron Zaltsman who has been appointed Chief Financial Officer effective March 29, 2023. Mr. Zaltsman is an experienced CFO and Board Member of several publicly listed co

TEL AVIV, Israel, April 05, 2022 (GLOBE NEWSWIRE) -- REE Automotive ("REE") (NASDAQ:REE), today announced the appointment of operations and manufacturing executive Josh Tech as the company's chief operations officer (COO). Josh joins REE after serving on Tesla's Operations Leadership Team as Head of the New Product/Manufacturing Introduction group. Previously, he oversaw manufacturing development and launch at a worldwide leader in automotive exterior design, development, and manufacturing, and most recently served as Vice President of Manufacturing and Engineering for one of America's most advanced construction technology firms, Plant Prefab. Based in the U.S., Josh replaces Michael Charl

LAS VEGAS, Jan. 6, 2022 /PRNewswire/ -- REE Automotive ("REE") (NASDAQ:REE), today announced the appointment of automotive industry finance executive David Goldberg as the company's Chief Financial Officer (CFO) effective Feb 2022.  Mr. Goldberg joins REE from Magna International, one of the world's largest automotive suppliers, where he is currently Senior Vice President of Corporate Development, following a role as Vice President of Finance and Corporate Development at the company.  Mr. Goldberg brings to REE 20 years of experience in corporate finance, mergers & acquisitio

Expanded Board Enhances Financial and Governance Expertise Supporting ESG Commitments 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 production in 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211026005784/en/Michal Brikman (Photo: Business Wire) REE has appointed seasoned veterans Ms. Michal Brikman and Ms. Lilach Geva-Harel, who bring a wealth of public company financial, corp

ROTH MKM initiated coverage of REE Automotive with a rating of Buy and set a new price target of $14.00

Cantor Fitzgerald downgraded REE Automotive from Neutral to Underweight and set a new price target of $4.00 from $4.00 previously

BTIG Research downgraded REE Automotive from Buy to Neutral

Wells Fargo initiated coverage of REE Automotive with a rating of Underweight and set a new price target of $1.00

Cantor Fitzgerald initiated coverage of REE Automotive with a rating of Overweight and set a new price target of $9.00

Morgan Stanley initiated coverage of REE Automotive with a rating of Underweight and set a new price target of $5.00

BTIG initiated coverage of REE Automotive with a rating of Buy and set a new price target of $20.00

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 opens on Tuesday, April 29, 2025. A webcast and conference call will be held on the same day at 8:30 a.m. ET to review the Company's financial results for the fourth quarter of 2024 and discuss recent events and conduct a question-and-answer session. Investors may submit questions for consideration by emailing [email protected]. Event: REE's Fourth-Quarter and Fiscal Year 2024 Financial Results

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 opens on Tuesday, December 17, 2024. A webcast and conference call will be held on the same day at 8:30 a.m. ET to review the Company's financial results for the three months ended September 30, 2024, discuss recent events and conduct a question-and-answer session. Event: REE's Third Quarter 2024 Financial Results Conference CallDate: Tuesday, December 17, 2024Time: 8:30 a.m. ETConference Call Dial-In: https://register.veve

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 opens on Sept. 26, 2024. A webcast and conference call will be held on the same date at 8:30 a.m. ET to review the Company's financial results for the three months ended June 30, 2024, discuss recent events and conduct a question-and-answer session. Event: REE's Second Quarter Financial Results Conference CallDate: Thursday, Sept. 26, 2024Time: 8:30 a.m. ETConference Call Dial-In: https://register.vevent.com/register/

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 before market open on Thursday, May 30, 2024. A webcast and conference call will be held on the same date at 8:30 a.m. ET to review the Company's financial results for the three months ended March 31, 2024 , discuss recent events and conduct a question-and-answer session. Event: REE's First Quarter Financial Results Conference CallDate: Thursday, May 30, 2024Time: 8:30 a.m. ETConference Call Dial-InWebcast Reg

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 financial results for the fourth quarter and fiscal year 2023, discuss recent events and conduct a question-and-answer session. The live webcast of the conference call can be accessed on the Investors section of the Company's website at investors.ree.auto. Click

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 8:30 a.m. ET. The live webcast of the conference call can be accessed on the Investors section of the Company's website HERE. For the telephone conference online registration click HERE. Q3 23 Highlights: Expanded our dealer network, resulting in more than doubling initi

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 Company's financial results for the third quarter of 2023, discuss recent events and conduct a question-and-answer session. The live webcast of the conference call can be accessed on the Investors section of the Company's website at investors.ree.auto. Click here for webcast

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 conference call today, August 29, 2023 at 8:30 a.m. ET. The live webcast of the conference call can be accessed on the Investors section of the Company's website. Click here for webcast URL. For the telephone conference online registration click here. Q2 23 Highlights: REE co

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 call today, May 23 at 8:30 a.m. ET. The live webcast of the conference call can be accessed on the Investors section of the Company's website. Click here for webcast URL. For the telephone conference online registration click here. 1Q23 Highlights: REE remains focused on

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 financial results for the first quarter of 2023, discuss recent events and conduct a question-and-answer session. The live webcast of the conference call can be accessed on the Investors section of the Company's website at investors.ree.auto. Click here for webcast UR

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