Motherson

Discussion about REE automotive
mitch
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Joined: Sun Feb 25, 2024 12:59 pm
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Motherson

Post by mitch »

REE today announced a partnership with 17 billion revenue Motherson, which has also invested in the company. When the deal closes in three days, Motherson will own about a fifth of REE. This was IMO the last major hurdle to REE reaching profitability. I'm looking forward to seeing what happens in the next few months.

https://www.motherson.com/

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