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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5-day change | 1st Jan Change | ||
3.97 USD | +0.25% | -3.17% | -22.76% |
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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-22.76% | 42.99M | |
+26.07% | 51.05B | |
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+25.77% | 20.17B | |
+33.27% | 17.52B | |
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-18.39% | 13.41B | |
-19.97% | 13.26B | |
+33.81% | 12.25B | |
+27.30% | 10.66B |
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