<SEC-DOCUMENT>0001213900-24-007441.txt : 20240129
<SEC-HEADER>0001213900-24-007441.hdr.sgml : 20240129
<ACCEPTANCE-DATETIME>20240129165800
ACCESSION NUMBER:		0001213900-24-007441
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20240129
FILED AS OF DATE:		20240129
DATE AS OF CHANGE:		20240129

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			REE Automotive Ltd.
		CENTRAL INDEX KEY:			0001843588
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40649
		FILM NUMBER:		24574458

	BUSINESS ADDRESS:	
		STREET 1:		KIBBUTZ GLIL-YAM
		CITY:			KIBBUTZ GLIL-YAM
		STATE:			L3
		ZIP:			4690500
		BUSINESS PHONE:		954 907 2231

	MAIL ADDRESS:	
		STREET 1:		KIBBUTZ GLIL-YAM
		CITY:			KIBBUTZ GLIL-YAM
		STATE:			L3
		ZIP:			4690500
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ea192333-6k_reeautomotive.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>FORM&nbsp;6-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>PURSUANT TO RULE&nbsp;13a-16&nbsp;OR&nbsp;15d-16</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">For the month of January 2024 (Report No. 4)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Commission File Number: 001-40649</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>REE AUTOMOTIVE LTD.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>(Exact name of registrant as specified in its
charter)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Kibbutz Glil-Yam</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>4690500, Israel</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>(Address of principal executive office)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant files or will file annual
reports under cover of Form&nbsp;20-F or Form&nbsp;40-F:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Form 20-F &#9746;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form
40-F &#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">O<FONT STYLE="background-color: white">n
January 29, 2024,&nbsp;</FONT>REE Automotive Ltd.&nbsp;(&ldquo;REE&rdquo; or the &ldquo;Company&rdquo;)&nbsp;<FONT STYLE="background-color: white">issued
a press release (the &ldquo;Press Release&rdquo;) titled &ldquo;REE Ships P7-C Demo to FMI Truck Sales &amp; Service; Franz Bakery, Bedmart,
Indoor Billboard, PointS Tires and Kelly&rsquo;s Home Center Fleets Set to Begin Evaluation of P7-C Vehicle.&rdquo; A copy of such Press
Release is furnished as Exhibit 99.1 hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The first three paragraphs
of the Press Release are incorporated by reference into the Company&rsquo;s&nbsp;<FONT STYLE="background-color: white">registration statements,
including its registration statements on Form S-8 (File No. <A HREF="http://www.sec.gov/Archives/edgar/data/1843588/000121390021060120/ea147829-s8_reeautomotive.htm">333-261130</A> and File No. <A HREF="http://www.sec.gov/Archives/edgar/data/1843588/000121390023042384/ea179052-s8_reeautomotive.htm">333-272145</A>) and registration statements on Form F-3
(File Nos. <A HREF="http://www.sec.gov/Archives/edgar/data/1843588/000121390022048392/ea164235-f3_reeautomotive.htm">333-266902</A> and <A HREF="http://www.sec.gov/Archives/edgar/data/1843588/000121390022057061/ea166014-posam_reeauto.htm">333-258963</A>), and shall be a part thereof, to the extent not superseded by documents or reports subsequently
filed or furnished.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 91%; border-bottom: black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">99.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="ea192333ex99-1_reeautomotive.htm">Press release of REE Automotive Ltd., dated January 29, 2024.</A></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>REE AUTOMOTIVE LTD.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 60%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 35%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Avital Futterman</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Avital Futterman</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General Counsel</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Date: January 29, 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">3</P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ea192333ex99-1_reeautomotive.htm
<DESCRIPTION>PRESS RELEASE OF REE AUTOMOTIVE LTD., DATED JANUARY 29, 2024
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><IMG SRC="ex99-1_001.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>REE Ships P7-C Demo to FMI Truck Sales &amp;
Service; Franz Bakery, Bedmart, Indoor Billboard, PointS Tires and Kelly&rsquo;s Home Center Fleets Set to Begin Evaluation of P7-C Vehicle</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>COVENTRY, UK</B> (January, 29, 2024) &ndash; GlobeNewswire &ndash;
REE Automotive Ltd. (Nasdaq: REE) (&ldquo;REE&rdquo; or the &ldquo;Company&rdquo;), an automotive technology company and provider of full
by-wire electric trucks and platforms, today announced that leading northwest fleets in the U.S., including Franz Bakery, Bedmart, Indoor
Billboard, PointS Tires and Kelly&rsquo;s Home Center, in partnership with certified REE dealer FMI Trucks, plan to evaluate the P7-C
medium-duty electric demo truck.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">FMI Trucks is one of the first dealers to receive the brand-new P7-C
electric truck from REE&rsquo;s initial production batch for their fleet customers to review Powered By REE&trade; vehicles in real world
conditions.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The demo will give fleets the opportunity to experience the first fully-by-wire
commercial vehicle and secure the inventory they need to transition their fleets to electric, and aims to showcase the P7-C&rsquo;s driver-centric
cabin, modular design and improved maneuverability firsthand.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&ldquo;I am very excited to be among the first U.S. dealers to receive
REE&rsquo;s P7-C demo trucks and to soon be able to provide our fleets with the opportunity to try out a great electric truck that drivers
want to drive, and fleets want to buy,&rdquo; said Don Emerson, President at FMI. &ldquo;REE&rsquo;s commitment to redefining the automotive
landscape aligns seamlessly with FMI&rsquo;s pursuit to offer our fleet customers the most cutting-edge vehicles and to partner with them as
they make the transition to electrification.&rdquo;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&ldquo;Now that fleets have the opportunity to experience REE&rsquo;s
technology in the real world, we are looking forward to receiving their valuable feedback,&rdquo; said Tali Miller, Chief Business Officer
at REE. &ldquo;The P7-C demo is designed to allow our certified dealers to offer their fleet customers a truly differentiated electric
truck and a superb service that allows them to shift their fleets to the electric future.&rdquo;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">To learn more about REE Automotive&rsquo;s patented technology and
unique value proposition that positions the company to break new ground in e-mobility, visit www.ree.auto.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><IMG SRC="ex99-1_001.jpg" ALT="">&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>About REE Automotive</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">REE Automotive (Nasdaq: REE) is an automotive technology company that
allows companies to build electric vehicles of various shapes and sizes on their modular platforms. With complete design freedom, vehicles
Powered by REE&trade; are equipped with the revolutionary REEcorner&trade;, which packs critical vehicle components (steering, braking,
suspension, powertrain and control) into a single compact module positioned between the chassis and the wheel. As the first company to
certify a fully by-wire vehicle in the US, REE&rsquo;s proprietary by-wire technology for drive, steer and brake control eliminates the
need for mechanical connection. Using four identical REEcorners&trade; enables REE to make the industry&rsquo;s flattest EV platforms
with more room for passengers, cargo and batteries. REE platforms are future proofed, autonomous capable, offer a low TCO, and drastically
reduce the time to market for fleets looking to electrify. To learn more visit www.ree.auto.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>About FMI Sales &amp; Service</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Founded by Don Emerson in May of 1985 in Portland, Oregon, FMI Truck
Sales &amp; Service began as repair and maintenance facility for truck fleets with two diesel mechanics and one parts counterman. FMI
now operates two shifts, from three dealership locations with twenty-six technicians and ten parts specialists. In 1989, FMI became a
full-service Hino Diesel Truck dealership and the Isuzu franchise was added in early 1992.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">FMI is dedicated to providing excellent customer service and satisfaction.
They are focused on treating everyone &ndash; customers, employees, partners and vendors - with honesty and respect. They believe that
customer service begins with the understanding that it is simply &ldquo;people doing business with people.&rdquo;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">FMI sells trucks and parts nationwide and serves the repair and service
needs of companies in Oregon and SW Washington. While FMI&rsquo;s core business remains Hino and Isuzu truck sales, Japanese truck service
and repair and the sale of new and used Isuzu, Hino and UD parts, it has diversified into body fabrication and installation, rental trucks,<FONT STYLE="font-family: Times New Roman, Times, Serif">&#65279;</FONT>
and specialty components to meet our customers varied needs and requirements.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Media Contact</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Malory Van Guilder</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Skyya PR for REE Automotive</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">+1 651-335-0585</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">ree@skyya.com</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Investor Contact</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Kamal Hamid</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">VP Investor Relations | REE Automotive</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">+1 303-670-7756</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">investors@ree.auto</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Caution About Forward-Looking Statements</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This communication includes certain forward-looking statements within
the meaning of the &ldquo;safe harbor&rdquo; provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are
not limited to, statements regarding REE or its management team&rsquo;s expectations, hopes, beliefs, intentions or strategies regarding
the future. For example, REE is using forward looking statements when it discusses that the demo vehicle aims to give fleets the opportunity
to experience the first fully-by-wire commercial vehicle and secure the inventory they need to transition their fleets to electric, the
potential benefits of the P7-C and that the demo is designed to allow certified dealers to offer their fleet customers a truly differentiated
electric truck and a superb service that allows them to shift their fleets to the electric future.In addition, any statements that refer
to plans, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are
forward-looking statements. The words &ldquo;aim&rdquo; &ldquo;anticipate,&rdquo; &ldquo;appear,&rdquo; &ldquo;approximate,&rdquo; &ldquo;believe,&rdquo;
&ldquo;continue,&rdquo; &ldquo;could,&rdquo; &ldquo;estimate,&rdquo; &ldquo;expect,&rdquo; &ldquo;foresee,&rdquo; &ldquo;intends,&rdquo;
&ldquo;may,&rdquo; &ldquo;might,&rdquo; &ldquo;plan,&rdquo; &ldquo;possible,&rdquo; &ldquo;potential,&rdquo; &ldquo;predict,&rdquo; &ldquo;project,&rdquo;
&ldquo;seek,&rdquo; &ldquo;should,&rdquo; &ldquo;would&rdquo;, &ldquo;designed,&rdquo; &ldquo;target&rdquo; and similar expressions (or
the negative version of such words or expressions) may identify forward-looking statements, but the absence of these words does not mean
that a statement is not forward-looking. All statements, other than statements of historical facts, may be forward-looking statements.
Forward-looking statements in this communication may include, among other things, statements about REE&rsquo;s strategic and business
plans, technology, relationships and objectives, including its ability to meet certification requirements, the impact of trends on and
interest in our business, or product, intellectual property, REE&rsquo;s expectation for growth, and its future results, operations and
financial performance and condition.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">These forward-looking statements are based on REE&rsquo;s current expectations
and assumptions about future events and are based on currently available information as of the date of this communication and current
expectations, forecasts, and assumptions. Although REE believes that the expectations reflected in forward-looking statements are reasonable,
such statements involve an unknown number of risks, uncertainties, judgments, and other factors that may cause our actual results, performance
or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking
statements. These factors are difficult to predict accurately and may be beyond REE&rsquo;s control. Forward-looking statements in this
communication speak only as of the date made and REE undertakes no obligation to update its forward-looking statements, whether as a result
of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other
applicable laws. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed
in any forward-looking statement made in this communication may not occur.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Uncertainties and risk factors that could affect REE&rsquo;s future
performance and could cause actual results to differ include, but are not limited to: REE&rsquo;s ability to commercialize its strategic
plan, including its plan to successfully evaluate, obtain regulatory approval, produce and market its P7 lineup; REE&rsquo;s ability to
maintain and advance relationships with current Tier 1 suppliers and strategic partners; development of REE&rsquo;s advanced prototypes
into marketable products; REE&rsquo;s ability to grow and scale manufacturing capacity through relationships with Tier 1 suppliers; REE&rsquo;s
estimates of unit sales, expenses and profitability and underlying assumptions; REE&rsquo;s reliance on its UK Engineering Center of Excellence
for the design, validation, verification, testing and homologation of its products; REE&rsquo;s limited operating history; risks associated
with building out of REE&rsquo;s supply chain; risks associated with plans for REE&rsquo;s initial commercial production; REE&rsquo;s
dependence on potential suppliers, some of which will be single or limited source; development of the market for commercial EVs; risks
associated with data security breach, failure of information security systems and privacy concerns; risks related to lack of compliance
with Nasdaq&rsquo;s minimum bid price requirement; future sales of our securities by existing material shareholders or by us could cause
the market price for the Class A Ordinary Shares to decline; potential disruption of shipping routes due to accidents, political events,
international hostilities and instability, piracy or acts by terrorists; intense competition in the e-mobility space, including with competitors
who have significantly more resources; risks related to the fact that REE is incorporated in Israel and governed by Israeli law; REE&rsquo;s
ability to make continued investments in its platform; the impact of the COVID-19 pandemic, interest rate changes, the ongoing conflict
between Ukraine and Russia and any other worldwide health epidemics or outbreaks that may arise and adverse global conditions, including
macroeconomic and geopolitical uncertainty; the global economic environment, the general market, political and economic conditions in
the countries in which we operate; the ongoing military conflict in Israel; fluctuations in interest rates and foreign exchange rates;
the need to attract, train and retain highly-skilled technical workforce; changes in laws and regulations that impact REE; REE&rsquo;s
ability to enforce, protect and maintain intellectual property rights; REE&rsquo;s ability to retain engineers and other highly qualified
employees to further its goals; and other risks and uncertainties set forth in the sections entitled &ldquo;Risk Factors&rdquo; and &ldquo;Cautionary
Note Regarding Forward-Looking Statements&rdquo; in REE&rsquo;s annual report filed with the U.S. Securities and Exchange Commission (the
&ldquo;SEC&rdquo;) on March 28, 2023 and in subsequent filings with the SEC.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">4</P>

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