“2024 was a defining year for REE. After more than a decade of innovation and execution, we are expecting the deliveries of commenced production of our SDV, the P7-C, the world’s first FMVSS-certified, full by-wire commercial vehicle certified for public roads in the United States, and we expect deliveries in the first half of 2025. We are seeing strong market validation with reservations reaching nearly $1 billion,” said Daniel Barel, Co-Founder and Chief Executive Officer of REE.
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