REE is an Israeli automotive technology company that develops software-defined vehicle technology for commercial trucks and vehicle platforms. Core offerings include REEcorner, a module that integrates steering, braking, suspension, and powertrain components into the space between the chassis and wheel. This x-by-wire design replaces mechanical linkages with software control, enabling independent wheel movement and a flat chassis that maximizes cargo space. REE also provides a Zonal SDV Architecture to centralize vehicle control and support Level 4 autonomous driving. After pausing production of its P7 electric truck line in May 2025, REE pivoted its business model to prioritize licensing its technology to OEMs and technology companies. REE intends to generate revenue through non-recurring engineering fees and long-term royalties or subscription fees, which management considers a more capital-efficient model than direct manufacturing. The company also offers REEai Cloud, a SaaS platform for fleet data analytics and predictive maintenance. REE is currently conducting a strategic alternatives review that may include a sale or merger. Key projects include a development agreement with a global technology company for autonomous shuttle prototypes and a collaboration with Mitsubishi Fuso to integrate REE technology into existing vehicle platforms.