Motherson
Posted: Mon Sep 16, 2024 2:06 pm
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/
https://www.motherson.com/