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Stock impact report

Demand for REE Automotive Full By-Wire EVs Continues to Grow as Orderbook Value Surpasses $50 Million [Yahoo! Finance]

REE Automotive Ltd. - Class A Ordinary Shares (REE) 
Company Research Source: Yahoo! Finance
include Macnab EV Sales Corp., Pacific Mobility Group and Kaizen Automotive Group - REE expands partnerships with leading body builders, adding Hackney, North American manufacturer of side load beverage and vending bodies, solutions to upfit REE's P7-C chassis cab TEL AVIV, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced key business updates, leading with the current order value book value surpassing $50 million and the expansion of REE's authorized dealer network, which now covers 66 locations of sales and service across the U.S. and Canada. REE continues to grow its presence in Canada adding new dealers - Kaizen Automotive Group and Macnab EV Sales Corp – and one new dealer in Washington, Pacific Mobility Group , to its North American Authorized Dealer Network. All new dealers have placed orders for P7-C electric chassis cabs. The new Canadia Show less Read more
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