TEL AVIV, Israel, Feb. 11, 2022 (World NEWSWIRE) — REE Automotive Ltd. (NASDAQ: “REE”), an automotive know-how chief and company of electric powered vehicle platforms, currently declared that it will participate in a sequence of investor conferences in the initial quarter of 2022. Daniel Barel, REE co-founder and main govt officer and David Goldberg, REE chief fiscal officer, will focus on REE’s production development on its latest totally-flat P7 system for business fleets, go-to-market place strategy with top rated associates for platforms and total motor vehicles, and strategy for producing a full ecosystem from charging infrastructure to Facts-as-a-Services to accelerate fleet electrification strategies.
Baird Sustainability Meeting – digital
Tuesday, Feb. 22 – Wednesday, Feb. 23
Fireside chat: 12 p.m. ET – available for Baird purchasers only.
For accessibility and/or 1-on-1 conference, be sure to speak to your Baird banker.
Cowen and Co – Mobility Disruption Summit – digital
Thursday, March 3
Hearth chat: 9:50 a.m. ET.
Berenberg Industrial Tech Meeting – digital
Thursday, March 3
Roth Funds Partners – 34th Once-a-year Roth Conference – The Ritz-Carlton, Laguna Niguel – Dana Level, California
Monday, March 14 – Tuesday, March 15
DA Davidson – EV & Electrical power Transition Convention – digital
Tuesday, March 22
For updated info with regards to fireplace chat times and webcast one-way links please go to: https://investors.ree.car/information-situations/functions
Buyers who would like to participate in a digital or a stay (wherever relevant) assembly with REE’s management throughout the conferences may perhaps refer to their banking get hold of or to Limor Gruber, REE VP of Investor Relations, at [email protected].
For the most up-to-day trader info go to: https://investors.ree.vehicle
About REE Automotive
REE (Nasdaq: REE) is an automotive know-how chief whose mission is to empower businesses to build any dimension or shape of electric powered or autonomous motor vehicle – from Course 1 via Course 6 – for any application and any concentrate on market place. REE aims to provide as the underpinning on top of which EVs and AVs will be constructed and envisions a potential exactly where EVs and AVs will be ‘Powered by REE’.
REE’s groundbreaking technological know-how – the REEcorner™ – packs significant car or truck parts (steering, braking, suspension, powertrain and control) into a one compact module positioned among the chassis and the wheel, enabling REE to develop the industry’s flattest EV platforms with much more room for passengers, cargo and batteries. REE takes advantage of x-by-wire technological innovation to regulate each of the corners of the cars with comprehensive push-by-wire, brake-by-wire and steer-by-wire.
REE’s EV platforms afford entire freedom of design, enabling automobile-makers, OEMs, supply & logistic fleets, Mobility-as-a-Assistance vendors and new mobility players to design mission-precise EVs and AVs primarily based on their correct business enterprise demands and substantially lower their time-to-industry, lower TCO and satisfy zero-carbon regulations.
Headquartered in Herzliya, Israel, REE has an Engineering Center in the United kingdom, as effectively as subsidiaries around the globe together with Japan and Germany, and strategies to open its U.S. headquarters and initial Integration Heart in Austin, Texas. REE’s one of a kind CapEx-light-weight production design leverages Tier-1 partners’ existing creation strains the company’s intensive lover ecosystem encompasses main names which include Hino Motors (truck arm of Toyota), Magna International, JB Poindexter, Navya and American Axle & Production to deliver a whole turnkey solution.
REE’s patented technological innovation, collectively with its special worth proposition, position it to split new floor in e-Mobility. For much more information go to https://www.ree.vehicle.
Investor Relations
Limor Gruber
VP Trader Relations | REE Automotive
+972-50-5239233
[email protected]
Media
Caroline Hutcheson
Head of International Communications | REE Automotive
+1-252-314-2028
[email protected]
Caution About Ahead-Searching Statements
This conversation consists of forward-wanting statements within just the which means of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historic specifics, could be ahead-on the lookout statements. Phrases these as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plan,” “projects,” “believes,” “views,” “estimates,” “future,” “allow”, “aims,” “strives,” “endeavors” and identical expressions are utilized to determine these ahead-seeking statements. These statements involve, among the other matters, the Company’s statements about the Company’s strategic and small business plans, relationships or outlook, the affect of trends on and desire in its small business, intellectual property or product and its future effects. These ahead-on the lookout statements are primarily based on REE’s expectations and beliefs concerning potential functions and entail risks and uncertainties that may perhaps cause genuine outcomes to vary materially from existing anticipations. These factors are tricky to forecast correctly and may be over and above REE’s handle. Forward-on the lookout statements in this interaction or in other places converse only as of the date built and REE undertakes no obligation to update its forward-hunting statements, regardless of whether as a final result of new information and facts, long term developments or or else, should really conditions adjust, apart from as or else needed by securities and other applicable legislation. In mild of these challenges and uncertainties, buyers should really retain in brain that benefits, situations or developments discussed in any ahead-hunting statement built in this conversation may not take place. Uncertainties and risk factors that could have an affect on REE’s long term overall performance and induce outcomes to vary from the forward-on the lookout statements in this launch consist of, but are not confined to: REE’s potential to commercialize its strategic system REE’s potential to manage and progress relationships with current Tier 1 suppliers and strategic partners enhancement of REE’s innovative prototypes into marketable merchandise REE’s potential to grow and scale manufacturing capability as a result of interactions with Tier 1 suppliers REE’s estimates of device revenue, fees and profitability and fundamental assumptions REE’s reliance on its Uk Engineering Center of Excellence for the design and style, validation, verification, testing and homologation of its products REE’s minimal functioning historical past challenges related with options for REE’s preliminary commercial output REE’s dependence on probable suppliers, some of which will be solitary or restricted supply improvement of the market place for commercial EVs extreme level of competition in the e-mobility house, which include with rivals who have drastically extra resources threats relevant to the reality that the Firm is included in Israel and ruled by Israeli legislation REE’s means to make continued investments in its platform the impact of the ongoing COVID-19 pandemic and any other all over the world wellbeing epidemics or outbreaks that may perhaps come up the require to draw in, teach and retain highly-qualified complex workforce alterations in rules and laws that effect REE REE’s potential to implement, defend and keep intellectual assets rights REE’s capacity to keep engineers and other highly competent workers to more its ambitions and other pitfalls and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Take note With regards to Forward-Wanting Statements” in REE’s closing prospectus relating to its business mixture filed with the U.S. Securities and Trade Commission (the “SEC”) on July 1, 2021 and in subsequent filings with the SEC. Even though the listing of elements reviewed previously mentioned and the listing of factors offered in the last prospectus are deemed representative, no these kinds of checklist need to be regarded as to be a complete statement of all likely challenges and uncertainties. Unlisted components may possibly current important further road blocks to the realization of ahead-seeking statements.
