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 ...

Core Insights - REE Automotive Ltd. will showcase its P7-C electric truck at the NTEA Work Truck Week from March 4-7, 2025, marking it as the first U.S.-certified fully by-wire vehicle [1][7] - The P7-C features REE's x-by-wire technology, which enhances vehicle control and safety by eliminating mechanical connections, thus providing a smoother driving experience [2][10] - The company has received California's HVIP approval, allowing fleet operators to access up to $60,000 in incentives per vehicle, promoting the transition to zero-emission transportation [4][7] Company Overview - REE Automotive specializes in automotive technology, focusing on modular platforms for electric vehicles, integrating critical components into compact modules known as REEcorners® [10] - The company's platforms are designed to be future-proof, autonomous-capable, and offer a low total cost of ownership, facilitating quicker market entry for fleets [10] Product Features - The P7-C incorporates fully integrated REEcorner® technology, providing enhanced maneuverability and operational efficiencies, particularly suited for urban and commercial applications [3][6] - The vehicle's design allows for independent control of each REEcorner®, improving handling and safety in adverse conditions [2] Collaboration and Data Analytics - REE is collaborating with Geotab to integrate advanced data analytics into its software-defined vehicles (SDVs), aiming to enhance predictive maintenance and reduce total cost of ownership for fleet operators [5][7]

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 ...

Core Viewpoint - REE Automotive Ltd. has announced a collaboration with Geotab to enhance fleet management through data-driven insights, enabling North American fleets to optimize performance with REE's software-defined vehicles (SDVs) [1][3][4] Group 1: Collaboration Details - The partnership allows North American fleets purchasing REE's SDVs to access Geotab's telematics solutions, providing actionable insights for fleet operators [1][2] - The integration of REEai Cloud with Geotab's network enhances data quality and volume, enabling seamless monitoring of REE's SDVs and other vehicles [1][8] - This collaboration aims to streamline the process for fleets to incorporate REE's SDVs into their existing operations, enhancing visibility and efficiency [1][3] Group 2: Benefits for Fleet Operators - Fleet operators will benefit from improved near real-time insights on vehicle performance and condition, facilitating advanced customization options and software updates [2][4] - The integration aligns with existing systems of fleet operators, allowing for in-depth analysis of vehicle efficiency without added complexity [3][4] - The collaboration is expected to provide a comprehensive solution that meets the evolving needs of modern fleet operators, enhancing efficiency and reducing costs [3][5] Group 3: Company Background - REE Automotive specializes in electric vehicle technology, offering modular platforms that allow for various vehicle designs [6] - The company's REEcorner technology integrates critical vehicle components into a compact module, enabling the creation of flat EV platforms with more space for passengers and cargo [6] - REE's platforms are designed to be future-proof, autonomous-capable, and offer a low total cost of ownership (TCO) [6]