REE Automotive Shifts to Technology-First Model, Anticipates $107 Million Revenue Over Two Years
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 30 2025
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Source: Globenewswire
- Strategic Shift: REE Automotive announced a transition from capital-intensive vehicle production to a technology-first model aimed at accelerating the market delivery of software-defined vehicle technologies, which is expected to drive broad adoption across multiple platforms.
- Partnership Agreement: The binding agreement with a leading technology company is anticipated to generate up to $107 million in revenue over two years following project commencement, highlighting the company's market potential in public transport.
- Cost Optimization: By implementing a cost reduction plan, REE aims to decrease monthly operating expenses from $6 million to approximately $1.8 million, targeting a 70% reduction by Q1 2026, thereby enhancing financial health.
- Financial Performance: As of June 30, 2025, REE reported cash and cash equivalents of $54.7 million, down from $72.3 million at the end of 2024, reflecting financial pressures during the transformation process.
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Analyst Views on REE
About REE
REE Automotive Ltd is a technology company based in Israel. It specializes in the field of automotive technology and the production of EV platforms based on REE - REEcorner technology. They are located between the reason and the wheel and use x-by-wire to control full drive-by-wire, brake-by-wire and steer-by-wire.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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