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REE Automotive

11 stories about REE Automotive

REE laying off 11% of team after losing 95% of market cap

09.02.23|Sophie Shulman

The Israeli auto-tech company completed a SPAC merger in July 2021 at a value of $3.1 billion, but currently has a market cap of only about $120 million

מימין מנכ"ל REE דניאל בראל ועו"ד זיו עירוני

Did REE hide a $5.2 billion lawsuit from its shareholders?

11.01.23|Almog Azar

Attorney Ziv Ironi submitted a request for disclosure of documents on behalf of shareholders, after the autotech company, which has lost 96% of its value since its IPO in 2021, did not report a lawsuit filed against it in the US in December by OSR alleging theft of technology

הפרוקסימה החשמלית REE גם הגלגלים פונים כדי לשפר את כושר התמרון

On the road again: Israel’s REE unveils an electric walk-in step van

26.07.22|Udi Etsion

The first Israeli commercial vehicle in decades is a delivery vehicle for the American market, which will compete with Rivian and General Motors. REE, which has lost 80% of its value on the Nasdaq since the beginning of the year, will produce the platform in its factory in the United Kingdom, its American partner will build the chassis on it and sell it to customers

REE Automotive appoints David Goldberg as Chief Financial Officer

06.01.22|CTech

Goldberg joins the Israeli company from Magna International, one of the world’s largest automotive suppliers

Toyota subsidiary Hino to partner with REE on electric commercial mobility solutions

27.04.21|Udi Etsion

The companies will first work to develop hardware prototypes by 2022, while evaluating business models, engaging potential customers, and conducting demonstrations in parallel

REE Automotive partnering with Magna to build customized electric vehicles

13.04.21|CTech

The strategic collaboration will explore the combination of the REEcornerTM technology with Magna’s vehicle systems integration expertise and manufacturing capabilities

REE Automotive opens UK-based engineering Center of Excellence

17.02.21|James Spiro

The new center will prepare for mass production and is expected to receive a $92 million investment over three years, creating 200 jobs

מימין: דניאל בראל ואחישי סרדס REE מוטורס ס

REE heading to Nasdaq via SPAC at $3.1 billion valuation

03.02.21|Meir Orbach

The merger with 10X Capital Venture Acquisition Corp features a $300 million private investment in public equity

הפלטפורמה החשמלית של REE ורכב מסחרי שיתבסס עליה

Which company is targeting a $3-4 billion SPAC and what do Pfizer, AstraZeneca, Merck, and Teva all have in common?

27.12.20|CTech

CTech Daily Roundup: Despite Covid-19, 40% of tech companies will be handing out 2020 bonuses

REE Automotive in negotiations for a $3-4 billion Nasdaq SPAC merger

27.12.20|Golan Hazani

The Israeli developer of modular platforms for electric vehicles has been negotiating the move for more than three months and the deal could be completed in January

Israel’s REE Automotive hits the track with three electric, fully modular, next-generation platforms

07.10.20|Udi Etsion

REE showcased the P1 platform geared for last-mile inner-city delivery applications, the P2, designed to transport passengers and cargo, and the P4 which is uniquely built for the North American market delivery segment