REE Automotive Poised for Commercial Success in 2025
As 2024 comes to a close, REE Automotive is gearing up for a strong finish, with its vehicle production, distribution, and dealer-centric servicing infrastructure now in place. This sets the stage for commercial sales to begin in the second half of 2025, according to H.C. Wainwright analyst Amit Dayal.
Transformed Outlook
The company’s outlook has been significantly boosted by its partnership with Motherson, which has enhanced its supply chain and distribution capabilities. Additionally, improved access to financing sources and a remarkable 230% increase in customer orders to $137M have contributed to this transformation.
Buy Rating and Price Target
H.C. Wainwright has maintained a Buy rating on REE Automotive’s shares, with a price target of $15. The firm expects the company to deliver a cumulative 90-100 vehicles during the second half of 2025, once the necessary tooling equipment is installed at its Coventry, U.K. facility.
Key Catalysts for Growth
Several factors are expected to drive REE Automotive’s growth in the coming year. The company’s ability to ramp up production, combined with its strengthened distribution network and improved financing options, positions it for success in the commercial market.
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REE Automotive in the News
Catch up on the latest news and developments surrounding REE Automotive, including its surge in reservations, P7 production, and Q3 earnings report.
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