REE Automotive Ltd. (NASDAQ:REE) Q3 2024 Earnings Conference Call December 17, 2024 8:30 AM ET
Company Participants
Keren Shemesh – Chief Marketing Officer
Daniel Barel – Chief Executive Officer
Josh Tech – Chief Operations Officer
Tali Miller – Chief Business Officer
Hai Aviv – Chief Financial Officer
Conference Call Participants
Craig Irwin – ROTH Capital Partners
Sameer Joshi – H. C. Wainwright
Operator
Good day, and thank you for standing by. Welcome to the REE Automotive Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in listen only mode. After the speaker’s presentation there will be the question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the conference over to first speaker today, Keren Shemesh, Chief Marketing Officer. Please go ahead.
Keren Shemesh
During the course of this call, management will make, express and implied forward-looking statements within the Private Securities Litigation Reform Act of 1995 and other US Federal Securities Laws. These forward statements include, but are not limited to those statements regarding growing demand for REE’s products and technology, the potential size and increase of REE’s orderbook, that REE’s philosophy will pave the way for it to generate software-based revenues. It’s planned to deliver the first production trucks to its North American customers and the timing thereof. Its target of reaching BoM, bill-of-materials breakeven in the second half of next year as it ramps up production and improves operational efficiencies, and that it’s successfully experienced with autonomous programs and full redundancy by-wire architecture positions it in a leading position at this transformational time for autonomy.
Such forward-looking statements and their implications involve known and unknown risks, uncertainties and other factors that may cause actual results or performance to differ materially from those projected. The forward-looking statements
#REE #Automotive #REE #Earnings #Call #Transcript