REE Automotive Ltd. (REE)
REE Automotive Ltd. operates in the Auto - Parts industry of the Consumer Cyclical sector, headquartered in Herzliya, HM, IL. The stock last traded at $0.08, up 0.00% on the session, giving a market capitalisation of $2.2M. On trailing twelve-month figures it carries a trailing P/E of -0.03, a net margin of -4705.2%. Its beta of 2.39 implies it has historically moved more than the broad market.
REE Automotive Ltd. operates in the electric mobility sector, focusing on innovative solutions for electric vehicles. The company's key development is its REEcorner technology, which ingeniously consolidates critical vehicle drive components—such as steering, braking, suspension, powertrain, and control systems—directly within the arch of the wheel. Furthermore, REE Automotive also designs and produces the REEboard, a versatile, low-profile chassis specifically engineered for electric vehicles. The firm's corporate headquarters are situated in Herzliya, Israel.
REE Automotive Ltd. is most often compared with the following Consumer Cyclical names: