REE Automotive Ltd. (NASDAQ:REE) Q2 2024 Post Earnings Conference Call September 26, 2024 5:00 PM ET Company Participants Keren Shemesh - Chief Marketing Officer Daniel Barel - CEO Josh Tech - Chief Operations Officer Aviral Khandelwal - Head of Group Strategy and M&A, Motherson Group Tali Miller - Chief Business Officer Yaron Zaltsman - CFO Conference Call Participants Craig Irwin - ROTH Capital Partners Amit Dayal - H. C. Wainwright Jeff Osborne - TD Cowen Operator Good day, and thank you for standing by. ...

Completed $45.35 million Registered Direct offering led by M&G and Motherson securing production capital needs Signed strategic agreement with Motherson, a global automotive supplier, to strengthen REE's supply chain management and cost structure, improve working capital efficiencies and expand outreach to global OEMs Kicked-off U.S. production in Michigan with Roush as contract manufacturer for full vehicle assembly, with start of production planned for Q4 2024 and deliveries in 2025 Narrowed Q2 2024 net l ...

Table of Contents REE AUTOMOTIVE LTD. INTERIM CONSOLIDATED FINANCIAL STATEMENTS Exhibit 99.2 REE AUTOMOTIVE LTD AND ITS SUBSIDIARIES INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2024 UNAUDITED INDEX INDEX TO FINANCIAL STATEMENTS Consolidated Interim Balance Sheets F-2 Consolidated Interim Statements of Comprehensive Loss F-3 Consolidated Interim Statement of Changes in Shareholders' equity F-4 Consolidated Interim Statement of Cash Flows F-5 Notes to the Interim Consolidated Financial Statements ...

REE Automotive Ltd. (REE) , a commercial EV developer and manufacturer, has chosen Roush Industries, an innovative vehicle contract manufacturer, to assemble its P7 vehicles at Roush's Detroit-area facility. REE will continue to produce its proprietary REEcorner technology at its Coventry Integration Center in the United Kingdom. Roush's team, with expertise in design, engineering and manufacturing, will ensure a scalable assembly process for REE. A joint team from REE and Motherson will handle quality assu ...

Production of P7 electric truck line-up to begin Q4 2024 at Roush's facility in Detroit, Michigan, with annual capacity of up to 5,000 trucks. Motherson to manage global supply chain and logistics for U.S. production as well as on-site manufacturing and quality assurance support via Motherson SAS in Detroit. Faster production ramp up, improved unit costs, and accelerated road to free-cash flow generation are expected. Customers have begun securing production slots. TEL AVIV, Israel, Sept. 23, 2024 (GLOBE NE ...

REE Automotive Ltd. (REE) shares soared 11% in the last trading session to close at $6.18. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 50.1% gain over the past four weeks. REE's shares are rising after it inked a deal with a major supplier to the automotive industry. Recently, REE Automotive entered into a strategic agreement with Motherson Group. Per the agreement, Motherson will manage supply chain operations and assist REE ...

REE Automotive Ltd. (REE) , a commercial EV developer and manufacturer, and Motherson Group, a manufacturer of automotive components, have announced a strategic agreement. Under this contract, Motherson will handle the sourcing and supply chain management for production parts and assist REE in assembling REEcorner and REE P7 electric trucks, the first fully by-wire, software-driven medium-duty electric trucks, on the market. Additionally, Motherson will nominate a director to join REE's board. In conjunctio ...

Motherson is a global engineering and manufacturing specialist and one of the world's leading automotive suppliers. For FY24, it achieved gross revenue of USD 17.2 billion1. The group employs over 190,000 people in its 400 facilities spanning across 44 countries. Combining Motherson's manufacturing expertise and supply chain might with REE's market-leading software-defined EV product line-up promises to create a dominant new force in the electrified commercial vehicle market globally, allowing REE to provid ...

| --- | --- | |--------------------------------------------------|-------| | | | | Volt Carbon Technologies Commences Exploration | | | at Mount Copeland REE (Rare Earth Elements) | | | Property and Updates its July 22 News Release on | | | Flow-Through Financing | | July 30, 2024 11:29 AM EDT | Source: Volt Carbon Technologies Calgary, Alberta--(Newsfile Corp. - July 30, 2024) - Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) ("Volt Carbon" or the "Company") is pleased to announce the initiation o ...

REE's P7-C software-defined Class 4 electric vehicles are now available for purchase in all 50 states through a 4-year contract awarded to National Auto Fleet Group Sourcewell is a government agency dedicated to streamlining the procurement process by fulfilling the bidding requirements on behalf of their members REE is ready to take orders immediately from this new customer base TEL AVIV, Israel, July 30, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provi ...