REE Automotive

Flat and Modular Chassis for Electric Vehicles

Automotive & Mobility Technologies
public
Public Glil-Yam, Israel Founded 2011
Last updated 2026-06-18
Total raised
$405.0M
Last: 2024-09
Stage
Public
Founded
2011
Headcount
127
HQ
Glil-Yam, Israel
Sector
Automotive & Mobility Technologies

About

REE specializes in advanced automotive technologies, focusing on electric (EV) and autonomous vehicles (AV) across a broad spectrum of vehicle classes, from Class 1 through Class 6. The company's core innovation, the REEcorner, integrates essential vehicle components—such as steering, braking, suspension, powertrain, and control—into a single module. This design allows for the creation of exceptionally flat EV platforms, maximizing space for passengers, cargo, and batteries while employing x-by-wire technology for enhanced vehicle control.

REE's platforms offer auto-manufacturers, OEMs, and various mobility service providers the flexibility to design EVs and AVs tailored to specific operational needs. This approach not only facilitates a quicker market entry and lower total cost of ownership (TCO) but also supports the adherence to zero-carbon regulatory requirements.

Funding history · 6 rounds · $405.0M total

2024-09
2024-03
2021-08
2018-08
2017-05
$10.0M
Date unknown
$5.0M

Q&A

What is REE Automotive's primary innovation?
REE Automotive's core innovation is the REEcorner, which integrates essential vehicle components like steering, braking, suspension, powertrain, and control into a single module, enabling flat EV platforms.
When did REE Automotive go public and on what exchange?
REE Automotive went public on the NYSE in July 2021 through a merger with 10X Capital Venture Acquisition Corp, achieving a valuation of $3.1 billion.
Which investor participated in REE Automotive's funding rounds in March and September 2024?
M&G Investments participated in REE Automotive's funding rounds in March and September 2024.
What significant production partnership did REE Automotive announce in September 2024?
In September 2024, REE Automotive announced a partnership with Roush Industries to kick off U.S. production as their contract manufacturer.
What was a notable achievement for REE Automotive in November 2024?
In November 2024, REE Automotive was named a CES 2025 Innovation Award Honoree for its Software-Defined Vehicle Technology.
What strategic collaboration did REE Automotive sign in November 2025?
In November 2025, REE Automotive and Mitsubishi Fuso Truck and Bus Corporation signed an MOU for Software-Defined Vehicle Technology.
What certifications did REE Automotive's P7-C receive in March 2024?
In March 2024, REE Automotive's P7-C received CARB Certifications.
When did REE Automotive begin customer deliveries of its P7-C electric truck?
REE Automotive completed U.S. certification of its full-by-wire vehicles and began customer deliveries of its P7-C electric truck in February 2024.
What is the employee count range for REE Automotive?
REE Automotive has 101-200 employees.

Team · 2

Daniel Barel
Founder · Co-founder & CEO
LinkedIn ↗
Ahishay Sardes
Founder · Co-founder & CTO
LinkedIn ↗

Sectors & technology

Primary sector
Automotive & Mobility Technologies
Target customers
Business model
B2B

Highlights

Climate TechPatents

Tags

mobility-optimizationlast-miletransportationsmart-mobilityautomotiveclimate-techelectric-vehiclesautonomous-vehicleslogisticssoftware-defined-vehicles
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)