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Ree Automotive Ltd Cl A(REE-Q)

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REE Announces Further Progress Towards Commercial Production Capabilities

Globe Newswire - Mon May 16, 2022

NUNEATON, United Kingdom, May 16, 2022 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE), an automotive technology company and provider of electric vehicle (EV) platforms, announced today progress towards commercial production, having proven its robotic assembly capabilities, the core of its CapEx-light and highly-automated integration center manufacturing approach. REE’s plans to implement the cloud-based robotic assembly lines at its network of highly-digitalized global manufacturing plants with first in its European Integration Center in Coventry, UK.


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