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REE Automotive information


REE Automotive, Ltd.
Native name
רי אוטומוטיב
Formerly
  • SoftWheel (2011–2019)
Company typePublic
Traded as
Nasdaq: REE
Industry
  • Automotive
FoundedJanuary 16, 2011; 13 years ago (2011-01-16) in Israel
Headquarters
  • Coventry, United Kingdom
  • Glil Yam, Israel
Area served
  • North America
Key people
  • Daniel Barel (CEO)
  • Ahishay Sardes (CTO)
Products
  • P7 corner module
  • P7 platform chassis
  • P7-C cab chassis
  • Morgan Olson Proxima step van
Production output
  • Increase 25 test vehicles (2023)
Services
  • commercial EV fleet financing
  • replacement EV batteries
  • EV charging infrastructure
  • EV servicing
Number of employees
244 (March 2024)
Websitehttps://ree.auto
Footnotes / references
FORM 20-F for the fiscal year 2023[1]

REE Automotive, Ltd. is a commercial electric vehicle developer and manufacturer. The company's electric vehicle platform features independent interchangeable corner modules, dubbed REECorners. The corner modules are positioned directly adjacent to each wheel, and they encapsulate all of the vehicle's drive systems such as the motor, inverter, steering, brakes, and suspension. They are controlled electronically, by-wire, allowing for a completely flat platform chassis onto which custom chassis bodies can be attached.

The company operates a research and development center for its corner modules and its vehicle software in Israel, and an engineering and manufacturing center in the United Kingdom. Vehicle assembly, sales, and customer service operations are based in the United States.[2]: 17m25s 

  1. ^ FORM 20-F For the fiscal year ended December 31, 2023 REE Automotive Ltd., U.S. Securities and Exchange Commission
  2. ^ "REE Automotive: Engineering A Dream Delivery Platform", YouTube, Batteries Included Podcast (published September 20, 2023), September 11, 2023

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