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EV Company REE Announces Progress Toward Commercial Robotic Production Capabilities

NUNEATON, UK, May 16, 2022 – REE Automotive Ltd. (NASDAQ: REE), an automotive technology company and provider of electric vehicle (EV) platforms, announced today progress towards commercial production, having proven its robotic assembly capabilities, the core of its CapEx-light and highly-automated integration center manufacturing approach. REE’s plans to implement the cloud-based robotic assembly lines at its […]

Driver-Optional Monarch Tractor Closes $20M Series A with Global Partners

Livermore, CA — Monarch Tractor, a fully electric, driver-optional, smart tractor manufacturer, announced the closing of its $20 million Series A funding round. The round includes global industrial equipment manufacturers, automotive suppliers, venture capital, and impact capital. The new investors will support the rapid growth of Monarch Tractor’s global deployment. The investment round garnered global […]