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REE Automotive $VCVC Newest SPAC Play: (Thread)
• EV technology company
• over $5 Billion in backlog orders
• assembly plants in 16 countries by 2026
- 600,000 units/yr capacity
- deals w/ many major manufacturers
- 60+ patents
Let's dig deeper,
1/ What They Do
REE basically makes the base platform which they can then sell to auto manufacturers
• from buses to robo-taxis to delivery vans
• from Tesla to Ford to Arrival
Total addressable market = $700B +
Essentially a pick and shovel play in the EV space
REE basically makes the base platform which they can then sell to auto manufacturers
• from buses to robo-taxis to delivery vans
• from Tesla to Ford to Arrival
Total addressable market = $700B +
Essentially a pick and shovel play in the EV space
2/ Comparables
This chart will open your eyes
- their potential is massive!
• More products offered
• Larger addressable market
• Way more booked revenue
• More strategic partnerships
• Global company
Most of these were SPAC's as well.
A lot to like here!
This chart will open your eyes
- their potential is massive!
• More products offered
• Larger addressable market
• Way more booked revenue
• More strategic partnerships
• Global company
Most of these were SPAC's as well.
A lot to like here!
3/ Financials
Expect $19B in 2026 revenue
- $5.1B of that is already signed MOUs
• High gross margin products
$VCVC has already developed core technology
• Most of cash will go towards expansion and building customer base
• Cash Flow positive by 2025
Potential is huge!
Expect $19B in 2026 revenue
- $5.1B of that is already signed MOUs
• High gross margin products
$VCVC has already developed core technology
• Most of cash will go towards expansion and building customer base
• Cash Flow positive by 2025
Potential is huge!
4/ Expansion
REE is an Israeli company
Perfectly spread out centers of operation
• Europe (Germany)
• Asia (Japan)
• N. America (U.S.)
Expansion calls for production capacity of 600,000 un/yr by 2026 w/ all centers fully operating
The next few years are crucial!
REE is an Israeli company
Perfectly spread out centers of operation
• Europe (Germany)
• Asia (Japan)
• N. America (U.S.)
Expansion calls for production capacity of 600,000 un/yr by 2026 w/ all centers fully operating
The next few years are crucial!
5/ Management
• Lots of automotive experience
- including EV focused Tesla and Arrival
• SPAC team has been early investors in lots of hot startups and SPACs
- DraftKings, Palantir, 23andMe, Wish
CEO Daniel Barel is an impressive EV entrepreneur
• Lots of automotive experience
- including EV focused Tesla and Arrival
• SPAC team has been early investors in lots of hot startups and SPACs
- DraftKings, Palantir, 23andMe, Wish
CEO Daniel Barel is an impressive EV entrepreneur
6/ Technology
I'm not an expert here but REE's tech is advanced and cost effective:
- 60+ patents
- motor connected to wheels
- autonomous ready
- data and cloud connected
- used for battery or fuel cell vehicles
*can create competitive moat around products
I'm not an expert here but REE's tech is advanced and cost effective:
- 60+ patents
- motor connected to wheels
- autonomous ready
- data and cloud connected
- used for battery or fuel cell vehicles
*can create competitive moat around products
7/ 
Deal w/ Mahindra & Mahindra (Indian mfg) to produce 250,000+ EVs
Partnership w/ Iochpe-Maxion SA to mfg. and develop a wheel design & chassis tech
Linked to Mitsubishi Corp, American Axle & Manufacturing Holdings, KYB Corp, Musashi Seimitsu Industry Co. and NSK Ltd.
Deal w/ Mahindra & Mahindra (Indian mfg) to produce 250,000+ EVs
Partnership w/ Iochpe-Maxion SA to mfg. and develop a wheel design & chassis tech
Linked to Mitsubishi Corp, American Axle & Manufacturing Holdings, KYB Corp, Musashi Seimitsu Industry Co. and NSK Ltd.
Final Thoughts 
- I'm bullish on @ReeAutoOfficial
- EV tech is here and growing exponentially
- REE's backlog of orders, advanced tech, global partnerships, and ability to create a competitive moat are all positives
- They have a chance to be a top EV manufacturer
- I'm bullish on @ReeAutoOfficial
- EV tech is here and growing exponentially
- REE's backlog of orders, advanced tech, global partnerships, and ability to create a competitive moat are all positives
- They have a chance to be a top EV manufacturer
Thanks for taking the time to read this!
I think there will be several dip-buying opportunities over the next few days.
Once more people find out about REE Auto's potential I expect the price to rise in relation to their EV peers.
Follow for more DD threads
I think there will be several dip-buying opportunities over the next few days.
Once more people find out about REE Auto's potential I expect the price to rise in relation to their EV peers.
Follow for more DD threads
Thanks to @SpacGuru for bringing this to my attention.
I'll be releasing another DD Thread tomorrow on one of my favorite new SPACs ($FTOC
Payoneer)
I'll be releasing another DD Thread tomorrow on one of my favorite new SPACs ($FTOC
Payoneer)
