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REE, Israel updates about two-phase production road map
On May 23, REE Automotive (REE) announced a two-phase production roadmap. Phase 1 anticipates the production of vehicles in the low hundreds in 2024, with a breakeven gross margin on a unit level by the end of that year. Phase 2 targets production in low – mid-thousands of vehicles and breakeven EBITDA by the end of ....
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