Rare Element Resources (REE) Announces $17M Award from UK Government
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REE Automotive Awarded $17 USD Million Funding from the UK Government
August 19, 2021 6:30 AM EDTFunding will allow REE to advance commercial production of its breakthrough REEcorner technology and ultra-modular EV platformsProject to help accelerate industry shift towards net zero-emissions with REEs technology designed to support extensive range of electric vehicles
TEL AVIV, Israel, Aug. 19, 2021 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE), an innovator in e-mobility which recently started to trade on Nasdaq, today announced that its REEcorner technology was awarded $17 million USD funding from the UK government as part of a $57 USD million investment, coordinated through the Advanced Propulsion Centre... More
