REE Announces Nomination of American Axle to Supply Next Generation 3-in-1 Electric Drive Technology

TEL AVIV, Israel–(BUSINESS WIRE)–REE Automotive Ltd. (NASDAQ: “REE”), a leader in e-mobility, today announced the nomination of American Axle & Manufacturing (AAM) Holdings, Inc. (NYSE: AXL), a leading global Tier 1 automotive supplier, to supply REE with its high-performance electric drive units (EDU). AAM’s award-winning 3-in-1 electric drive technology – which places the electric motor, gearbox and inverter into a single package – will be integrated into REEcorner technology. AAM’s hig

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