Core Insights - REE Automotive Ltd. reported a significant year in 2024, transitioning its software-defined vehicle (SDV) technology from concept to commercial reality, with increasing interest from OEMs and technology companies [2][3] - The company is facing challenges due to macroeconomic changes, including U.S. tariffs and trade policy, prompting a temporary pause in production plans while monitoring supply chain conditions [3][4] - REE is shifting towards less capital-intensive approaches, such as licensing and partnerships, to deploy its technology and maintain growth despite industry headwinds [4] Financial Performance - As of December 31, 2024, REE had $72.3 million in cash and cash equivalents, down from $85.6 million in 2023 [5] - The net loss for 2024 was $111.8 million, a slight improvement from $114.2 million in 2023, primarily due to reduced engineering and R&D expenses [5][6] - The fourth quarter of 2024 saw a GAAP net loss of $37.3 million, compared to $38.5 million in Q3 2024 and $35.2 million in Q4 2023 [5][13] Operational Adjustments - The company has decided to implement a temporary pause in production to preserve cash and adapt to evolving market conditions, while also significantly reducing operating expenses [3][7] - REE raised approximately $60 million in 2024, including $15 million in March and $45 million in September, to strengthen its financial position amid challenging market conditions [13] - The company is focusing on optimizing its corporate structure and adjusting headcount to enhance flexibility in response to industry uncertainties [7] Market Position and Strategy - REE's technology aims to meet unmet customer needs, and the company is pursuing low-capital intensity routes to market, including licensing and partnerships [4] - The company emphasizes that production remains part of its long-term strategy, but the current pause is viewed as a temporary measure to ensure long-term viability [4] - REE's proprietary technology is designed to be adaptable and future-proof, enabling OEMs to build vehicles tailored to their specific requirements [16]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

Core Viewpoint - REE Automotive Ltd. is poised for significant growth in 2025 with the expected delivery of its first software-defined vehicle (SDV), the P7-C, and has seen strong market validation with reservations nearing $1 billion [3][4]. Business Highlights - 2024 was a pivotal year for REE, marking the commencement of production for the P7-C, the first FMVSS-certified full by-wire commercial vehicle in the U.S., with deliveries anticipated in the first half of 2025 [3][4]. - The company has increased reservations to nearly $1 billion, indicating strong demand for its SDV technology [8]. - Collaborations with Motherson Group and Roush Industries are expected to enhance REE's supply chain and delivery capabilities for SDVs [8]. - A memorandum of understanding (MOU) has been signed with a leading technology company to expand REE's access to the global autonomous transportation market [8]. - REE has achieved significant technology milestones, including FMVSS certification and the completion of its first autonomous drive with Airbus UpNext [8]. Financial Results - As of December 31, 2024, REE expects to report $72.3 million in cash and short-term investments, down from $85.6 million in 2023 [9]. - The anticipated GAAP net loss for 2024 is $111.8 million, or $7.01 loss per share, an improvement from a net loss of $114.2 million, or $11.32 loss per share, in 2023 [9]. - The expected fourth-quarter 2024 GAAP net loss is $37.3 million, or $1.51 loss per share, compared to $38.5 million in Q3 2024 and $35.2 million in Q4 2023 [9]. Upcoming Events - The company will reschedule the release of its fourth-quarter and fiscal year 2024 financial results to May 15, 2025, before market opening [10]. - A conference call will be held on the same day at 8:30 a.m. ET to discuss financial results and recent developments [10].

Core Viewpoint - REE Automotive Ltd. has been awarded Frost & Sullivan's 2025 Company of the Year in the North American Electric Medium-Duty Vehicle Platform Industry for its innovative software-defined modular platform that addresses challenges in the electric vehicle landscape [1][5]. Company Overview - REE Automotive is focused on developing software-defined electric vehicles (SDVs) and has a proprietary technology called REEcorner, which integrates critical vehicle components into compact modules, optimizing space and efficiency [2][3]. - The company aims to scale production capabilities and establish strategic partnerships, including a collaboration with Motherson Group for manufacturing and supply chain management [4][8]. Technology and Innovation - REE's modular platform supports various vehicle types, including last-mile delivery trucks and passenger vehicles, and is designed to be future-ready with a Unified Architecture that merges hardware and software [3][4]. - The technology has gained traction with industry players such as U-Haul, Penske Truck Leasing, and Airbus UpNext, highlighting its market acceptance [3]. Market Position and Strategy - REE is positioned at the forefront of the software-defined, autonomous-ready electric vehicle market, addressing the demand for efficient and sustainable solutions [2][3]. - The company plans to produce its flagship P7-C electric truck in the first half of 2025 and aims to complete rather than compete with global OEMs' future vehicle lineups [8].

Core Viewpoint - REE Automotive Ltd. has been awarded Frost & Sullivan's 2025 Company of the Year in the North American Electric Medium-Duty Vehicle Platform Industry for its innovative software-defined modular platform that addresses challenges in the electric vehicle landscape [1][5] Company Overview - REE Automotive is focused on developing software-defined electric vehicles (SDVs) that enhance safety, modularity, and performance in both passenger and commercial vehicles [7][8] - The company's proprietary REEcorner technology integrates critical vehicle components into compact modules, optimizing space utilization and increasing overall system efficiency, which leads to lower Total Cost of Ownership (TCO) [3][4] Technology and Innovation - REE's modular platform supports various vehicle types, including last-mile delivery trucks, cargo vans, and passenger vehicles, making it adaptable to different applications [2][3] - The Unified Architecture (RUA) merges hardware features and software applications into a seamless operating system, making the platforms future-ready [3] - REE's fully by-wire platform is designed to integrate with autonomous driving systems, allowing for compatibility without extensive vehicle modifications [3][4] Strategic Partnerships and Growth - The company is scaling its production capabilities and forming strategic partnerships, including a collaboration with Motherson Group for manufacturing and supply chain management [4][8] - A non-binding memorandum of understanding (MOU) has been signed with a global technology company to produce autonomous-driving vehicles based on REE's existing P7 platform by 2027 [4] Market Position and Recognition - Frost & Sullivan's Company of the Year recognition highlights REE's visionary innovation, market-leading performance, and customer care [5] - The company has gained traction with key industry players such as U-Haul, Penske Truck Leasing, and Airbus UpNext, indicating strong market acceptance [3]

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].