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REE Automotive Kick-Off U.S. Production With Roush Industries as Contract Manufacturer
REEREE Automotive .(REE) GlobeNewswire News Room·2024-09-23 13:25

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 ...