REE Automotive

REE

Market cap $22M

TEL AVIV, Israel, Jan. 07, 2026 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), a leading automotive technology company and provider of full by-wire electric vehicle platforms and software-enabled mobility solutions, today announced that Hicham Abdessamad has been appointed Chairman of its Board of Directors, effective December 22, 2025.

TEL AVIV, Israel, Dec. 30, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today announced that the Nasdaq Stock Market LLC (Nasdaq) has granted the Company's request for a 180-day extension to meet the $1 minimum bid price requirement.

TEL AVIV, Israel, Dec. 30, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops software-defined vehicle (SDV) technology and provides full by-wire platforms, today announced financial results for the six months ended June 30, 2025.

Welcome to the Green Stock News brief for Monday December 29th. Here are today's top headlines: XPENG (NYSE: XPEV) has had its FastDriveVLA accepted to AAAI 2026, a top-tier AI conference with a 17.6% acceptance rate, introducing a new visual token pruning framework for end-to-end autonomous driving models.

TEL AVIV, Israel, Dec. 29, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today announced a strategic non-binding Memorandum of Understanding (“MOU”) with Cascadia Motion, LLC (a wholly owned subsidiary of BorgWarner Inc.) (“Cascadia Motions”). The MOU outlines cooperation across manufacturing, commercialization, and sale of a next-generation electric drive unit (EDU) based on REEcorner technology for global OEM electrification programs. The new EDU product will be jointly developed by Cascadia Motion and REE.

TEL AVIV, Israel, Nov. 18, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today announced a strategic collaboration with Mitsubishi Fuso Truck and Bus Corporation (Mitsubishi Fuso) through a memorandum of understanding (MoU)1 to collaborate and develop a software-defined vehicle (SDV) using REE's zonal SDV architecture and x-by-wire (XBW) technology. A one-year evaluation phase has commenced with the two companies working together to convert a Mitsubishi Fuso eCanter electric truck into an SDV, powered by REE's Zonal Architecture SDV technology. This collaboration permits Mitsubishi Fuso to assess the benefits of REE technology for its next-generation commercial vehicles and accelerate its shift to smarter, safer, and upgradable cloud-connected software-defined trucks. It will also evaluate REE as a supplier for Mitsubishi Fuso's future product line for a scalable platform based on REE's XBW and SDV architecture.

TEL AVIV, Israel, Nov. 11, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE”), an automotive technology company developing software-defined vehicle technology, today announced the release of a supplement (the “Supplement”) to its proxy statement dated October 9, 2025 (the “Proxy Statement”). The Proxy Statement was prepared in connection with a special general meeting of shareholders of the Company to be held on Thursday, November 13, 2025 at 12:00 p.m. Israel time (5:00 a.m. Eastern Time), at REE's headquarters at Kibbutz Glil-Yam, Israel. REE encourages shareholders to review the Supplement.

TEL AVIV, Israel, July 03, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (“REE” or the “Company”) (Nasdaq: REE), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today reported that the Company received a letter (the “Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is currently not in compliance with Nasdaq Rule 5450(a)(1). In particular, the Letter stated that the Company's closing bid price for its Class A ordinary shares (the “Ordinary Shares”) has been below $1.00 per share for the last 30 consecutive business days beginning on May 15, 2025 through June 27, 2025.

Initiated cost reduction measures targeting a 55% decrease in operating costs to a projected average of approximately $2.7 million per month by year-end related to pause in production and an approximately 50% reduction-in-force The company aims to extend its financial runway beyond 12 months REE's new organizational structure is designed to allow a more streamlined operation with stronger focus on licensing its SDV technology aimed to enhance long-term stability TEL AVIV, Israel, June 09, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today announced that it has implemented cost reductions across its business to streamline its cost structure and extend its expected financial runway.

REE Automotive (REE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.