HC Wainwright & Co. analyst Amit Dayal reiterates REE Automotive (NASDAQ:REE) with a Buy and maintains $15 price target.

The company said that 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 fleet. Airbus and REE collaborate on an autonomous program utilizing REE's P7-C full by-wire and autonomous-ready technology, which opens REE to new autonomous driving markets.

REE Automotive (NASDAQ:REE) reported quarterly losses of $(1.96) per share which missed the analyst consensus estimate of $(1.60) by 22.5 percent. This is a 18.67 percent increase over losses of $(2.41) per share from the same period last year. The company reported quarterly sales of $160.00 thousand which missed the analyst consensus estimate of $550.00 thousand by 70.91 percent.

Airbus SE (OTC:EADSY) is showcasing its Optimate demonstrator vehicle at VivaTech, Europe’s largest technology event, aiming to enhance airport safety. The converted electric truck, fitted with basic A350 airliner controls, demonstrates how automated taxiing could mitigate ground collision risks, reported Reuters. “Our ambition is to use the best technologies to make our aircraft even more aware of their operating conditions, analysing it in as much detail as possible to become smart and reliable assistants to pilots, providing them with the optimal assistance. We are confident that this project will contribute to safer and more efficient air travel,” said Michael Augello, CEO Airbus U

Roth MKM analyst Craig Irwin initiated coverage on REE Automotive Ltd. (NASDAQ:REE) at a Buy rating with a price target of $14. The analyst writes that REE is positioned to serve billion-dollar markets and catalysts in 2H24 likely confirm customer interest and adoption. The analyst says that management developed the REEcorner to facilitate the adoption of x-by-wire and electric drivetrain technology in Class 3-5 trucking markets, which enables cost efficiencies, format flexibility, and improved safety.  Also Read: EXCLUSIVE: REE Partners with Penske to Launch P7-C EV Trucks, Enhancing Fleet Electrification Options The analyst estimates 2024 cash use at around $75 million and note

Roth MKM analyst Craig Irwin initiates coverage on REE Automotive (NASDAQ:REE) with a Buy rating and announces Price Target of $14.

REE Automotive Ltd (NASDAQ:REE) announced Wednesday that  Penske Truck Leasing will begin offering Powered by REE EVs to its customers interested in electrifying their fleets for demos and orders, adding further momentum to REE’s current $50 million order book value.  REE Auto said Penske’s customers will have the opportunity to experience the intended benefits of the world’s first U.S. Federal Motor Vehicle Safety Standards (FMVSS) certified, software-driven, electric vehicle powered by REEcorner full by-wire technology, including:  Superior maneuverability and all-wheel drive functionality Enhanced safety with fail-operational design via redundancies in hardware and software D

Gainers Rent the Runway (NASDAQ:RENT) shares rose 38.8% to $7.54 during Wednesday's regular session. The company's market cap stands at $26.7 million. As per the press release, Q4 earnings came out today. Selina Hospitality (NASDAQ:SLNA) shares rose 12.73% to $0.09. The market value of their outstanding shares is at $26.7 million. Color Star Tech (NASDAQ:ADD) stock rose 11.01% to $0.24. The company's market cap stands at $5.3 million. Cazoo Gr (NYSE:CZOO) stock increased by 9.46% to $11.49. The company's market cap stands at $56.2 million. U Power (NASDAQ:UCAR) shares rose 9.1% to $5.75. The company's market cap stands at $14.1 million. Dogness (Intl) (NASDAQ:DOGZ) shares moved upwards

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

Achieved key development milestones in 2022 on time and in line with budget with total operating expenses of $127 millionLiquidity of $154 million supports anticipated non-GAAP operating expense of $70-$75 million for 2023 with P7 program fully funded into commercializationStrong 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 todayDelivered 2 prototypes to an OEM for customer evaluation and testingGrew our go to market strategy by achieving direct sales and entering into additional dealership agreements in the USProvided suppliers with 2023-24 production forecast; built the first batch of production inten

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

4 - REE Automotive Ltd. (0001843588) (Issuer)

4 - REE Automotive Ltd. (0001843588) (Issuer)