REE Automotive Ltd. - Class A Ordinary Shares - relatórios financeiros (NASDAQ:REE)

REE Automotive Ltd. - Class A Ordinary Shares

REE Automotive, Ltd. is an automotive software developer. The company previously developed an electric vehicle platform featuring 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 pivoted in 2025 to software development exclusively. Before shuttering vehicle development and sales, the company operated an engineering and manufacturing center in the United Kingdom, and based its final vehicle assembly, sales, and customer service operations in the United States. REE software development was based in Israel. REE Automotive planned in 2024 to sell truck fleets to rental companies such as Penske and U-Haul, provide its corner modules to truck manufacturers such as Hino, and sell trucks to various fleet operators through its distributor network.