REE (Nasdaq: REE) is an automotive technology leader whose mission is to empower companies to build any size or shape of electric or autonomous vehicle – from Class 1 through Class 6 – for any application and any target market. REE aims to serve as the underpinning on top of which EVs and AVs will be built and envisions a future where EVs and AVs will be ‘Powered by REE’.
REE’s revolutionary technology – the REEcorner™ – packs critical vehicle components (steering, braking, suspension, powertrain and control) into a single compact module positioned between the chassis and the wheel, enabling REE to build the industry’s flattest EV platforms with more room for passengers, cargo and batteries. REE uses x-by-wire technology to control each of the corners of the vehicles with full drive-by-wire, brake-by-wire and steer-by-wire.
REE’s EV platforms afford 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 TCO and meet zero-carbon regulations.
Headquartered in Herzliya, Israel, REE has an Engineering Center in the UK, as well as subsidiaries worldwide including Japan and Germany, and plans to open its U.S. headquarters and first Integration Center in Austin, Texas. REE’s unique CapEx-light manufacturing model leverages Tier-1 partners’ existing production lines; the company’s extensive partner ecosystem encompasses leading names including Hino Motors (truck arm of Toyota), Magna International, JB Poindexter, Navya and American Axle & Manufacturing to provide a full turnkey solution.
REE’s patented technology, together with its unique value proposition, position it to break new ground in e-Mobility. For more information visit https://www.ree.auto.
Location: Israel, Tel Aviv District, Tel Aviv-Yafo
Employees: 201-500
Total raised: $16.92M
Founded date: 2011
Investors 1
Date | Name | Website |
- | RAD Biomed | radbiomed.... |
Funding Rounds 1
Date | Series | Amount | Investors |
20.08.2021 | - | $16.92M | - |
Mentions in press and media 36
Date | Title | Description | Source |
27.03.2024 | Demand for REE Automotive Full By-Wire EVs Continues to Grow... | - | globenewsw... |
06.03.2024 | REE Announces Closing of Public Offering of Ordinary Shares | - | globenewsw... |
05.03.2024 | REE Automotive selected by Airbus UpNext | - | globenewsw... |
29.06.2022 | REE to Host Investor Event to Introduce New Electric Walk-In... | Hybrid event will feature business update and Q&A session with REE leadershipOn-site participati... | globenewsw... |
03.03.2022 | REE Automotive Announces Fourth Quarter 2021 Financial Resul... | Business plan on track towards firm orders and start of production Commencing commercial trials of t... | globenewsw... |
13.02.2022 | REE Automotive : to participate in Leading Investor Conferen... | REE co-founder & CEO Daniel Barel will talk about how REE's technology, modular platforms, and b... | marketscre... |
11.02.2022 | REE Automotive to Participate in Leading Investor Conference... | TEL AVIV, Israel, Feb. 11, 2022 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: “REE”), an automoti... | marketscre... |
06.01.2022 | REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OF... | Appointment to boost REE's leadership team with automotive and strategic financial leadership as the... | marketscre... |
05.01.2022 | REE COMMENCES TRIALS OF ALL-NEW ELECTRIC P7 MODULAR PLATFORM... | - The new P7 platform is based on specifications from one of world's largest delivery companies - Fi... | marketscre... |
05.01.2022 | American Axle & Manufacturing : REE and AAM to Hold a Jo... | TEL AVIV, Israel and DETROIT, January 4, 2022 - REE Automotive LTD (NASDAQ: REE) and American Axle &... | marketscre... |
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