# Ree Automotive Ltd. (REE)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Price:** $0.39 (-3.20%)

> Ree Automotive Ltd. is an innovative automotive technology company that develops electric mobility platforms. Its primary function is to revolutionize the design and manufacturing of electric vehicles by offering modular and flat platforms known as REEcorners. These units integrate all critical vehicle components, such as steering, braking, suspension, and powertrain, into the arch of the wheel, enabling efficient and varied vehicle designs. This unique approach impacts the electric vehicle and transportation industries by facilitating greater design flexibility and increased space within the vehicle, whether for commercial or consumer use. Ree Automotive collaborates with various automotive manufacturers and technology companies worldwide to optimize production efficiencies and enhance vehicle capabilities. Positioned at the nexus of EV innovation, the company plays a significant role in the transition towards sustainable transportation solutions. Founded as part of the growing trend toward electrification, Ree Automotive's contributions are pivotal in addressing urban mobility challenges and meeting the increasing demand for clean energy vehicles in global markets.

Financial data not yet available for this company.

Source: [CompaniesByCap](https://companiesbycap.com/company/REE)