REE Automotive Reports First Quarter 2024 Financial Results: Deliveries to Customers Have Begun Including to Penske, U-Haul and Airbus [Yahoo! Finance]
REE Automotive Ltd. - Class A Ordinary Shares (REE)
Company Research
Source: Yahoo! Finance
U-Haul received Powered by REE electric platform and is evaluating it as the first solution to support the electrification of its fleet Airbus and REE collaborate on an autonomous program utilizing REE's P7-C full by-wire and autonomous-ready technology, which opens REE to new autonomous driving markets Demo program underway, with a growing number of trucks already delivered and an increasing number of fleets that continue to provide excellent reviews through REE's network of 20 dealers, 66 sales and service locations, reaching a potential 200 fleet customers across North America In discussions with several automotive manufacturers to incorporate REEcorner® by-wire technology into their electric offerings P7-C is the first full by-wire truck to achieve U.S. FMVSS certification; now eligible for customer incentives of over $100,000 per truck Cash and equivalents of $77.5 million as of March 31, 2024; $15 million (gross) proceeds raised in a public offering at $6.50 per share
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REE
News
- REE Automotive Ltd. (NASDAQ: REE) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $15.00 price target on the stock.MarketBeat
- REE Automotive Reports First Quarter 2024 Financial Results: Deliveries to Customers Have Begun Including to Penske, U-Haul and AirbusGlobeNewswire
- REE Unveils a Next Gen Software-Driven Electric Commercial Vehicle Platform Designed with Leading Delivery FleetGlobeNewswire
- REE Automotive Ltd. (NASDAQ: REE) was upgraded by analysts at Roth Capital to a "strong-buy" rating.MarketBeat
- REE Automotive to Report First Quarter 2024 Financial Results on May 30, 2024 [Yahoo! Finance]Yahoo! Finance
REE
Earnings
- 5/30/24 - Miss
REE
Sec Filings
- 5/30/24 - Form 6-K
- 4/9/24 - Form SC
- 4/5/24 - Form 144
- REE's page on the SEC website