REE Automotive Ltd. (NASDAQ:REE) is an Israel-based technology company specializing in the design and engineering of fully modular electric vehicle (EV) platforms. Founded in 2011 as a research initiative at the Technion – Israel Institute of Technology, REE Automotive has developed its core offering—the REEcorner—which integrates steering, braking, suspension and powertrain components into a compact unit housed within the wheel arch. This architecture enables manufacturers and fleet operators to pair a flat “skateboard” chassis with a variety of bespoke vehicle bodies, streamlining development cycles and reducing production complexity.
At the heart of REE’s product portfolio is the REEboard platform, a highly scalable EV architecture designed for commercial applications such as last-mile delivery vans, urban shuttles and light-duty trucks. Complementing its hardware, the company offers REE-OS, a proprietary software suite that manages vehicle dynamics, diagnostics and over-the-air updates. By providing both mechanical modules and digital controls, REE Automotive aims to accelerate the adoption of electric commercial vehicles across global markets.
REE maintains research and development operations in Israel, alongside engineering centers in the United Kingdom and demonstration facilities in Europe and Japan. In 2021, the company completed its transition to a publicly traded entity through a business combination with a special purpose acquisition company. REE Automotive has since formed strategic partnerships with vehicle manufacturers and suppliers to establish localized production capabilities and to facilitate customer adoption.
The company’s leadership team comprises co-founders Daniel Barel (Chief Executive Officer), Danny Levin (President) and Efi Waks (Chief Technology Officer), each bringing extensive experience in automotive engineering, product development and business strategy. Under their guidance, REE Automotive continues to advance its mission of delivering innovative, end-to-end mobility solutions that address the evolving demands of commercial vehicle fleets and original equipment manufacturers.
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