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.
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 40
| Date | Title | Description |
| 12.11.2024 | ROTH to Host 13th Annual Technology Conference at the Hard Rock Hotel in New York City | Event to feature one-on-one meetings between institutional investors and senior management from over 110 companies across a variety of technology sub-sectors NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- via IBN -- Roth Capital Partners, LLC ... |
| 24.09.2024 | Electric Dreams and Real Estate: India’s Economic Pulse | India is on the move. The economy is buzzing with activity, driven by electric mobility and real estate ventures. Recent developments reveal a landscape ripe for growth, innovation, and investment. JBM Ecolife Mobility is leading the charge... |
| 23.09.2024 | Samvardhana Motherson Invests in REE Automotive Inorbit Malls acquires retail property in Hubballi Phoenix Mills’ arm Casper Realty wins bid for prime plots in Mohali Jindal plans Rs 1,500 cr investme... | POWER & RENEWABLE ENERGY Samvardhana Motherson Invests in REE Automotive 23 Sep 2024 2 Min Read CW Team Samvardhana Motherson International (SAMIL), through its wholly-owned subsidiary MSSL Consolidated, is acquiring up to 3.64 million ... |
| 19.09.2024 | Samvardhana Motherson to Buy 11% of Israel's REE Automotive for $15M India, US to promote sustainable aviation fuel and hydrogen in buses Tuticorin Airport upgradation set for December completion Airf... | Technology Samvardhana Motherson to Buy 11% of Israel's REE Automotive for $15M 19 Sep 2024 2 Min Read CW Team Auto components major Samvardhana Motherson International that it would acquire an 11 per cent stake in Israel's REE Automotive f... |
| 27.03.2024 | Demand for REE Automotive Full By-Wire EVs Continues to Grow as Orderbook Value Surpasses $50 Million | - |
| 06.03.2024 | REE Announces Closing of Public Offering of Ordinary Shares | - |
| 05.03.2024 | REE Automotive selected by Airbus UpNext | - |
| 29.06.2022 | REE to Host Investor Event to Introduce New Electric Walk-In Van with EAVX | Hybrid event will feature business update and Q&A session with REE leadershipOn-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 Morg... |
| 03.03.2022 | REE Automotive Announces Fourth Quarter 2021 Financial Results | Business plan on track towards firm orders and start of production Commencing commercial trials of the P7 platform in Q1 2022 for commercial delivery vehicles in advance of customer testing of full vehicles in mid-2022Jointly exhibited Flat... |
| 13.02.2022 | REE Automotive : to participate in Leading Investor Conferences in Q1 2022 | REE co-founder & CEO Daniel Barel will talk about how REE's technology, modular platforms, and business model can accelerate electrification for fleets during fireside chats, 1-on-1 and small group meetings TEL AVIV - Feb. 11, 2022- REE... |
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