Brief: Ree Announces Further Progress Towards Commercial Production Capabilities

REE Automotive

16/05/2022 11:11

May 16 (Reuters) - REE Automotive Ltd  REE.O :
    * REE ANNOUNCES FURTHER PROGRESS TOWARDS COMMERCIAL PRODUCTION CAPABILITIES
    * REE AUTOMOTIVE LTD - INITIAL CAPACITY OF 10,000 VEHICLE SETS BY YEAR END
TO
DOUBLE BY 2023
    * REE AUTOMOTIVE-PLANS TO IMPLEMENT CLOUD-BASED ROBOTIC ASSEMBLY LINES AT
ITS
MANUFACTURING PLANTS WITH FIRST IN EUROPEAN INTEGRATION CENTER IN COVENTRY
    * REE AUTOMOTIVE LTD - UPCOMING AUSTIN, TEXAS, INTEGRATION CENTER WILL
REPLICATE
SCALABLE ROBOTIC ASSEMBLY OPERATIONS

Source text for Eikon:  ID:nGNX6R4BZK 
Further company coverage:  REE.O 

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