REE Automotive (REE Automotive) Research & Development : $44.45 Mil (TTM As of Dec. 2023)

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What is REE Automotive Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. REE Automotive's Research & Development for the three months ended in Dec. 2023 was $28.59 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $44.45 Mil.

REE Automotive Research & Development Historical Data

The historical data trend for REE Automotive's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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REE Automotive Research & Development Chart

REE Automotive Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

7.04

29.59

252.42

78.23

82.66

REE Automotive Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial										20.88	18.42	-	15.86	28.59

REE Automotive Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $44.45 Mil.

REE Automotive (NAS:REE) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

REE Automotive Research & Development Related Terms

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REE Automotive (REE Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » REE Automotive Ltd (NAS:REE) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kibbutz Glil-Yam, Herzliya, ISR, 4690500

Website

https://www.ree.auto

REE Automotive Ltd is a technology company whose mission is to be the cornerstone for zero-emission electric and autonomous vehicles. Company aims to empower the companies, such as original equipment manufacturers, or OEMs, delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, Mobility-as-a-Service providers and autonomous drive companies, in the build-out of any size or shape of electric or autonomous vehicle - from Class 1 through Class 6, focusing primarily on Class 3 through 5 platform models on the P7 EV platform. Geographical preference in Israel, Germany, Norway, U.S, and Rest of the world.

Executives

David Weisburd	other: Member of Sponsor	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas	director	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007