TEL AVIV, Israel, April 28, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined vehicle technology and provider of full by-wire electric trucks and platforms, today announced a 2024 business update and that it reschedules the release date of its fourth-quarter and fiscal year 2024 financial results to before the market opens on Thursday, May 15, 2025, as it requires additional time to complete the Ann ...

TEL AVIV, Israel, April 09, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops and builds software-defined electric vehicles, is the recipient of Frost & Sullivan's 2025 Company of the Year award in the North American Electric Medium-Duty Vehicle Platform Industry category. The award honors REE for its innovative software-defined modular platform, which delivers scalable and flexible solutions to help OEMs and fleet operators address major challenges i ...

TEL AVIV, Israel, April 09, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company that develops and builds software-defined electric vehicles, is the recipient of Frost & Sullivan's 2025 Company of the Year award in the North American Electric Medium-Duty Vehicle Platform Industry category. The award honors REE for its innovative software-defined modular platform, which delivers scalable and flexible solutions to help OEMs and fleet operators address major challenges in ...

Core Viewpoint - REE Automotive Ltd. is set to report its fourth-quarter and fiscal year 2024 financial results on April 29, 2025, highlighting its ongoing developments in software-defined electric vehicles [1][2]. Company Overview - REE Automotive Ltd. specializes in software-defined vehicles (SDVs), utilizing proprietary software to enhance safety, modularity, and performance in both passenger and commercial vehicles [3]. - The company's SDV technology is built on a unified layer powered by a system-on-chip, enabling real-time decision-making regarding vehicle dynamics, energy management, and autonomy [3]. - REE has established a global supply chain in partnership with Motherson Group, a multibillion-dollar international supplier, facilitating large-scale production of its vehicles without significant capital investment [3]. - The company aims to deliver its flagship P7-C electric truck in the first half of 2025 and focuses on collaboration with global OEMs to enhance their vehicle lineups rather than competing directly [3]. Upcoming Events - A conference call and webcast will take place on April 29, 2025, at 8:30 a.m. ET to discuss the financial results and recent developments, with an opportunity for investors to submit questions [2].

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 announc ...

Group 1: Company Overview - American Resources Corporation (AREC) has a stake in ReElement Technologies Corporation, which specializes in refining rare earth elements and battery materials, and has scaled up SEG+ ore concentrate refining by 50 times from lab to demonstration scale [1] - ReElement Technologies produces magnet-grade dysprosium and terbium at 99.5% purity in a cost-effective manner, utilizing SEG+, a concentrated form of heavy rare earth elements [2][3] - The company aims to reshore mineral production to the United States and collaborate with the Defense Industrial Base to supply critical minerals essential for national security [5] Group 2: Market Position and Competitive Advantage - ReElement Technologies is positioned to challenge the existing monopoly in the critical mineral market by offering cost-effective and sustainable midstream processing and refining [3][4] - The modular scalability of ReElement's technology allows for rapid and efficient expansion of production capacity, enhancing its competitive edge in the global rare earth supply chain [4] Group 3: Financial Performance - AREC's stock has declined by 55.5% over the past year, contrasting with an 8.1% decline in the industry [5]

Additional Proceeds Are invited into a Second Closing from Existing Strategic InvestorsTEL 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, ...

Core Viewpoint - REE Automotive Ltd. has entered a non-binding memorandum of understanding with a global technology company to develop and produce thousands of autonomous-driving vehicles based on its P7 platform, with potential revenues estimated at up to $770 million over the next five years [1][7]. Group 1: Collaboration and Revenue Potential - The MOU outlines the intent to sign a strategic collaboration agreement by the end of 2025, aiming to lead the global autonomous transportation market [1][7]. - The collaboration is expected to generate up to $770 million in potential revenues over the next five years, with software and services revenue anticipated to begin in the second half of 2025 [1][7]. Group 2: Technology and Product Development - REE's P7 platform is Federal Motor Vehicle Safety Standards certified and features a Unified Architecture designed for real-time decision-making on vehicle dynamics, safety, and autonomy [2][6]. - The first production vehicles are expected to launch as early as 2027, leveraging REE's advanced software technology for a modular and cost-effective autonomous solution [2][3]. Group 3: Strategic Positioning and Market Impact - REE aims to be the exclusive provider of software-defined vehicle technology to the partnering tech company across multiple global markets [7]. - The collaboration is positioned to deliver thousands of autonomous vehicles by 2030, with production expected to start in 2027 [7]. Group 4: Company Overview and Future Outlook - REE Automotive is focused on enabling the next generation of software-defined vehicles, enhancing safety, modularity, and performance in both passenger and commercial vehicles [6]. - The company is targeting the first deliveries of its flagship P7-C electric truck in the first half of 2025, aiming for growth by complementing global OEMs' future vehicle lineups [6].

Vancouver, British Columbia--(Newsfile Corp. - March 7, 2025) - Golden Goliath Resources Ltd. (TSXV: GNG) (OTC Pink: GGTHF) (FSE: GGZA) announces that it has dropped the option on its Ernest REE project in the Manicouagan area of Quebec. The Company has three other 100% owned REE properties in the same region which it is maintaining, including the Victory 21 property which has similar work done and results. That includes preliminary mapping, A radiometric survey and a drone mag survey with the magnetometer ...

REE Automotive to Host Ride & Drive of P7-C Software Defined Electric Truck at NTEA Work Truck Week 2025 Work Truck Week attendees can get behind the wheel of the first U.S.-certified full-by-wire vehicle 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 Center ...