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REE closes $15M share offering, links with Airbus, and showcases demo EV at Work Truck Week

Baua Electric

Lastly, REE is showcasing its full-by-wire electric truck (seen above) at Work Truck Week in Indianapolis, Indiana. This afternoon, REE and Knapheide will discuss the electric truck with Work Truck Week attendees and media during a joint media conference at 3:45 PM ET at the REE booth (#1843).

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U.S. electric cars are starting to gain mass support

Setec Powerr

At the UN climate conference in November 2021, six major automakers, including Ford and General Motors, pledged to stop selling new gasoline and diesel vehicles by 2040. China is the world’s largest auto market, and electric vehicle sales are expected to account for 20 percent of sales in 2022. will be electric vehicles.