REE Automotive Ltd., headquartered in Israel, is a pioneering force in the electric vehicle (EV) industry, specialising in innovative modular platforms for electric and autonomous vehicles. Founded in 2019, the company has rapidly established itself as a leader in the development of REEcorner technology, which integrates critical vehicle components into a compact, flat architecture, enhancing design flexibility and efficiency. With a focus on transforming urban mobility, REE Automotive serves various operational regions, including North America and Europe. The company's unique approach to vehicle design not only optimises space but also supports a diverse range of applications, from commercial delivery vans to passenger vehicles. Recognised for its forward-thinking solutions, REE Automotive is positioned at the forefront of the EV market, driving the future of sustainable transportation.
How does REE Automotive Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Motor Vehicle Retail Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
REE Automotive Ltd.'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
REE Automotive Ltd., headquartered in Israel (IL), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and commitments suggests that REE Automotive Ltd. may still be in the early stages of developing its climate strategy or reporting framework. As the automotive industry increasingly focuses on sustainability, it is essential for companies like REE Automotive Ltd. to establish clear climate commitments and reduction initiatives to align with industry standards and expectations. Without specific emissions data or targets, the company may face challenges in demonstrating its commitment to reducing its carbon footprint and contributing to global climate goals.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
REE Automotive Ltd. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.