Business

REE Automotive Provides 2024 Business Update; Reschedules Date for its Fourth-Quarter and Fiscal Year 2024 Earnings Results

TEL AVIV, Israel, April 28, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined vehicle technology and provider of full by-wire electric trucks and platforms, today announced a 2024 business update and that it reschedules the release date of its fourth-quarter and fiscal year 2024 financial results to before the market opens on Thursday, May 15, 2025, as it requires additional time to comp

articleRee Automotive Ltd.April 28, 202510/company/ree-automotive-holding-inc/news/ree-automotive-provides-2024-business-131500694
REE Automotive Provides 2024 Business Update; Reschedules Date for its Fourth-Quarter and Fiscal Year 2024 Earnings Results

About this update from Ree Automotive Ltd.

[{"type":"image","alt":"REE Automotive Ltd.","displaySize":"","headline":null,"caption":"REE Automotive Ltd.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":81,"url":"https://media.zenfs.com/en/globenewswire.com/d1b8a1f5ed2c0b534277638ab784a11b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vSmUUd0Pnot4xP9f26RKug--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTExMztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/d1b8a1f5ed2c0b534277638ab784a11b","width":300,"height":81}},"lazy":false},{"type":"text","content":"TEL AVIV, Israel, April 28, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined vehicle technology and provider of full by-wire electric trucks and platforms, today announced a 2024 business update and that it reschedules the release date of its fourth-quarter and fiscal year 2024 financial results to before the market opens on Thursday, May 15, 2025, as it requires additional time to complete the Annual Report. The Company does not anticipate any material changes to the financial results included in today’s announcement.","length":635,"tagName":"p"},{"type":"text","content":"2024 Business Highlights ","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Increased reservations1 to nearly $1 billion as demand for REE’s software defined vehicles (SDV) technology and powered by REE vehicles remains strong and continues to grow.","length":173,"tagName":"p"}]},{"val":[{"type":"text","content":"First U.S. Deliveries Expected in the First Half of 2025. Collaboration with Motherson Group aims to solidify REE’s supply chain and collaboration with Roush Industries provides capabilities to deliver SDVs.","length":207,"tagName":"p"}]},{"val":[{"type":"text","content":"Signed MOU with one of the leading technology companies for REE’s SDV technology, aiming to expand REE’s access into the global, public autonomous transportation vehicle market, having already received certain up-front fees related to the project.","length":247,"tagName":"p"}]},{"val":[{"type":"text","content":"Achieved Important Technology Milestones including first Federal Motor Vehicle Safety Standards (FMVSS) certification of a full by-wire vehicle, completion of first autonomous drive on an active runway with Airbus ...

More updates from Ree Automotive Ltd.

The CompanyREE Automotivefinancial resultsSDVcommercial vehicles