REE Automotive Ltd. announced that it has begun customer deliveries of its P7-C electric chassis cab following Federal Motor Vehicle Safety Standards (FMVSS) and Environmental Protection Agency (EPA) certification, making it the first to certify a fully x-by-wire vehicle. Benefits of REE's proprietary REEcorner and x-by-wire technology can enable: Superior maneuverability and volumetric efficiency; Enhanced safety with fail operational design via redundancies in hardware and software; Improved ergonomics with low step-in height and driver-centric cabin; Improved serviceability; More efficient maintenance and lower spare part inventory management; Improved residual value; Future-proofed, autonomous-ready and OTA upgrade capable; Modular design and quick time to market; Optimal energy efficiency.
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4.1 USD | -5.09% | +14.85% | -20.23% |
Mar. 28 | Wells Fargo Trims REE Automotive's Price Target to $4 From $4.50, Maintains Underweight Rating | MT |
Mar. 27 | Transcript : REE Automotive Ltd., Q4 2023 Earnings Call, Mar 27, 2024 |
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-20.23% | 44.39M | |
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+31.67% | 17.27B | |
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+31.97% | 11.74B | |
+28.58% | 10.66B | |
+30.12% | 10.21B |
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