# REE Automotive

**Source:** https://www.startuphub.ai/startups/ree-automotive
**Profile type:** Startup

> Pioneering disruptive technology in the electric vehicle industry with its innovative REECorner® and x-by-wire technologies.

## About

REE Automotive is a technology company that develops and manufactures modular electric vehicle platforms. Their software-defined platforms feature a completely flat and modular chassis that integrates all critical vehicle components (steering, braking, suspension, powertrain, and control) into the wheel arch, known as the REECorner®. This design allows for maximum cargo space, design freedom, and lower total cost of ownership for mission-specific electric vehicles.

## Key facts

- **Slug:** ree-automotive
- **Website:** http://www.ree.auto
- **Location:** Tel Aviv, Israel
- **Founded:** 2011-01-16
- **Employees:** 273
- **Operating status:** Active
- **Total funding:** $45M
- **Sectors / tags:** Automotive, Electric Vehicles, Transportation, EV Platforms, Modular Vehicles, X-by-Wire Technology, Commercial Vehicles, Last-Mile Delivery, Robotics, Autonomous Vehicles, Fleet Management, Smart Manufacturing, Hardware
- **Social:**
  - LinkedIn: https://il.linkedin.com/company/reeautoofficial
  - Twitter: https://twitter.com/ReeAutoOfficial
  - Facebook: https://www.facebook.com/ReeAutoOfficial

## Frequently asked

### What does REE Automotive do?

REE Automotive is a technology company that develops and manufactures modular electric vehicle platforms. Their software-defined platforms feature a completely flat and modular chassis that integrates all critical vehicle components (steering, braking, suspension, powertrain, and control) into the wheel arch, known as the REECorner®. This design allows for maximum cargo space, design freedom, and lower total cost of ownership for mission-specific electric vehicles.

### What is REE Automotive's revenue?

StartupHub estimates REE Automotive's annual revenue at $65.4M (range $37.5M to $191.3M, 68% confidence), based on comparable companies in the sector.

### What is REE Automotive's valuation?

StartupHub estimates REE Automotive's effective valuation at $160.7M (range $112.5M to $270.0M, 16% confidence), based on comparable companies in the sector.

### How much funding has REE Automotive raised?

REE Automotive has raised a total of $45M in funding. The most recent round on record is Post-IPO.

### Where is REE Automotive headquartered?

REE Automotive is headquartered in Tel Aviv, Israel.

### When was REE Automotive founded?

REE Automotive was founded in 2011.

### What industry does REE Automotive operate in?

REE Automotive operates in Automotive, Electric Vehicles, Transportation, EV Platforms, Modular Vehicles, X-by-Wire Technology.

### How many employees does REE Automotive have?

REE Automotive has approximately 273 people on record.

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