Ree Automotive (REE) Third quarter outcomes had been launched on December 17 and the corporate is ending 2024 on a excessive be aware with car dealership-centric manufacturing, distribution and repair infrastructure now in place to assist industrial gross sales which is able to start within the second quarter. half-year 2025, HC Wainwright analyst. Amit Dayal tells buyers. The corporate estimates that the mixture of Motherson’s provide chain and distribution partnership, improved entry to financing sources and elevated buyer orders by 230% to $137 million have remodeled the corporate’s outlook. The corporate has a Purchase ranking and $15 price target on actions and plans to ship a complete of 90-100 autos within the second half of 2025, as soon as the tooling tools is in place in Coventry, UK
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