REE Automotive to Report Fourth-Quarter and Fiscal Year 2024 Financial Results on April 29, 2025

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].