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Ree Automotive reports Q4 EPS (80c) vs ($1.12) last year

Reports Q4 revenue $12k vs $11k last year. “2024 was a breakthrough year for REE. We successfully accelerated our vision of software defined vehicle technology from concept to commercial reality in 2024. We are seeing growing interest in our SDV platform from OEMs and technology companies, as evidenced by our reservations. We are encouraged by the notable interest in our software-defined platform in the market and we look forward to empowering our customers, not competing with them, with the tools and intelligence to build smarter, safer and more adaptable vehicles,” said Daniel Barel, Co-Founder and Chief Executive Officer of REE.

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