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Tag: IL0011786154

REE Announces Cost Reduction Measures to Sustain Long-Term Growth

TEL AVIV, Israel, June 09, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today announced that it has implemented cost reductions across its business to streamline its cost structure and extend its expected financial runway.

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