REE Automotive Ltd.
ree.autoWhat Do They Do?
Develops vehicle-control software, electrical systems and wheel-corner modules for automakers, automotive suppliers and commercial fleet businesses.
20-F for FY2025, filed May 15, 2026We are an automotive technology company that develops and produces cutting edge SDV technology designed to manage vehicle operations and…View ↗
Our approach of “complete not compete” allows original equipment manufacturers, or OEMs, and other customer types to license our technology…View ↗
Software: Our patent-protected proprietary software controls different automotive functions including vehicle dynamics, safety, power…View ↗
X-By-Wire: Our X-By-Wire vehicles rely upon our proprietary REEcorner™ design, which packs critical vehicle components including steering…View ↗
Until our production pause, we focused our efforts on producing our P7 vehicle lineup for the North American medium-duty truck segment due…View ↗
How Do They Make Money?
REE earns revenue from prototype sales when products are delivered and from engineering and development services as work progresses, with milestones set by contract; customers generally have up to 30 days to pay.
20-F for FY2025, filed May 15, 2026The Company recognizes revenue at the time when its customer obtains control of the promised goods which is when the performance obligation…View ↗
Payment terms generally are up to 30 days. The Company applies the practical expedient and does not assess whether a contract has a…View ↗
In addition, for the years ended December 31, 2025, 2024 and 2023 the Company recorded revenues from sales of SDV prototypes in the…View ↗
$1.3M
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20-F for FY2025, filed May 15, 2026
$1.3M ↗
Who Are Their Customers?
Automakers, automotive suppliers and technology companies can license or integrate REE’s vehicle technology; REE has also pursued complete commercial-vehicle sales to fleets through authorized dealers.
20-F for FY2025, filed May 15, 2026Our approach of “complete not compete” allows original equipment manufacturers, or OEMs, and other customer types to license our technology…View ↗
We are in active discussions with several global vehicle manufacturers who are interested in integrating our SDV and x-by-wire technology…View ↗
We plan to provide our SDV technology, including REEcorner™ technology and Powered by REE™ platforms on top of which companies can then…View ↗
The second phase of our strategy focuses on collaborating with OEMs and technology companies globally, and licensing our SDV technology to…View ↗
Do Revenues Turn Into Profits?
No. It lost $55.8M in FY2025.
20-F for FY2025, filed May 15, 2026
−$106.4MView ↗
20-F for FY2025, filed May 15, 2026
−$55.8MView ↗
20-F for FY2025, filed May 15, 2026
−$75MView ↗
How Are They Changing?
Growing. Revenue grew 216.2x in 4 years, from $6K in FY2021 to $1.3M in FY2025, about 283% a year.
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