REE Automotive

Flat and Modular Chassis for Electric Vehicles

Automotive & Mobility Technologies
Active
Public Herzliya Founded 2011
Total raised
$405.0M
Last: PIPE 2024-09
Stage
Public
Founded
2011
Headcount
230
HQ
Herzliya
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 · 5 rounds · $405.0M total

2024-09
PIPE $45.0M
2024-03
PIPE $15.0M
2018-08
Series C $25.0M
2017-05
Series B $10.0M
Date unknown
Series A $5.0M

Sectors & technology

Primary sector
Automotive & Mobility Technologies
Sub-sectors
Climate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsAutomotive & Mobility TechnologiesElectric Mobility & Alternative Fuels
Target customers
Transportation & LogisticsLogisticsPostal & CourierIndustrial ManufacturingDiscrete IndustriesAutomotive
Business model
B2B

Highlights

Climate Tech1 Patents

Tags

mobility-optimizationlast-miletransportationsmart-mobilityautomotiveclimate-techelectric-vehiclesautonomous-vehicleslogistics