REE Automotive Holdings, Inc., formerly 10X Capital Venture Acquisition Corp., is an automotive technology company. The Company's REEcorner technology combines traditional vehicle drive components such as steering, braking, suspension, powertrain and control into the arch of the wheel. The Company develops the electrical vehicle (EV) platform, which helps customers to create the range of EV and autonomous vehicles. Its segments include last mile delivery/ robo taxis, Mobility-as-a-Service (MaaS), E-Shuttle and Mid mile delivery. The Company provides basis for urban delivery vehicles or two passengers autonomous Robotaxi applications. Its platform creates the blank canvas to build the MaaS vehicle for both autonomous and human-drive applications. The Company's EV platform technology accommodates medium-duty commercial vehicles, which includes shuttles and medium zero emission delivery trucks.
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