REE AutomotiveNASDAQ: REE

The Donald Project is an advanced-stage project with the potential to supply approximately 7,000 – 14,000 tonnes of monazite sand in a rare earth element ("REE") concentrate ("REEC") per year to Energy Fuels' White Mesa Mill (the "Mill"), located in Utah, U.S.A., for processing into separated REE oxides, as early as 2026.

Penske Truck Leasing begins to offer Powered by REE® Electric Vehicles to its customers 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 led by M&G, a strategic automotive investor and REE's largest shareholder First quarter GAAP net loss narrowed by 29% quarter-over-quarter (QoQ) with Non-GAAP net loss narrowing by 33% QoQ mainly due to the completion of the engineering phase and operational efficiencies Company will hold a conference call at 8:30 a.m. Eastern Time today, May 30, 2024 which can be accessed via webcast at investors.ree.auto or webcast registration LINK ; and via conference call dial-in LINK.

Zircon has been significantly upgraded at Halleck Creek as part of low-cost REE pre-concentration Zircon has been significantly upgraded at Halleck Creek as part of low-cost REE pre-concentration

REE Automotive Ltd., an automotive technology company specializing in full by-wire electric trucks and platforms, will release its financial results for the first quarter of 2024 on Thursday, May 30, 2024.

REE's class 4 software-operated commercial electric vehicle received approval for the Massachusetts MOR-EV truck incentive, potentially saving up to $70,000 per vehicle when combined with the federal credit.

REE Automotive (REE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

The consensus price target hints at a 62.4% upside potential for REE Automotive Ltd. (REE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

REE Automotive Ltd (NASDAQ:REE ) Q3 2023 Results Conference Call November 30, 2023 8:30 AM ET Company Participants Kamal Hamid - Vice President of Investor Relations Daniel Barel - Co-Founder, CEO and Director Tali Miller - Chief Business Officer Yaron Zaltsman - Chief Financial Officer Josh Tech - Chief Operations Officer Conference Call Participants Mike Shlisky - D.A. Davidson & Co Colin Langan - Wells Fargo Jeff Osborne - TD Cowen Andres Sheppard - Cantor Fitzgerald Operator Good day, and thank you for standing by.

TEL AVIV, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, announced today it will release its third quarter 2023 financial results before market open on Thursday, November 30, 2023.