REE Automotive Holding Inc
NASDAQ:REE
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Gross Margin
REE Automotive Holding Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 193.7m USD |
Gross Margin |
-335%
|
Country | KR |
Market Cap | 83.5T KRW |
Gross Margin |
0%
|
Country | JP |
Market Cap | 6.4T JPY |
Gross Margin |
15%
|
Country | CN |
Market Cap | 159.9B CNY |
Gross Margin |
37%
|
Country | KR |
Market Cap | 22.8T KRW |
Gross Margin |
13%
|
Country | IE |
Market Cap | 14.2B USD |
Gross Margin |
19%
|
Country | JP |
Market Cap | 2.2T JPY |
Gross Margin |
18%
|
Country | DE |
Market Cap | 13.1B EUR |
Gross Margin |
22%
|
Country | IN |
Market Cap | 1.1T INR |
Gross Margin |
46%
|
Country | CA |
Market Cap | 16.8B CAD |
Gross Margin |
13%
|
Country | IN |
Market Cap | 973.7B INR |
Gross Margin |
36%
|
REE Automotive Holding Inc
Glance View
REE Automotive Holdings, Inc., formerly 10X Capital Venture Acquisition Corp., is an automotive technology company. The company is headquartered in New York City, New York. The company went IPO on 2020-11-27. The Company’s REEcorner technology combines traditional vehicle drive components such as steering, braking, suspension, powertrain and control into the arch of the wheel. The firm develops the electrical vehicle (EV) platform, which helps customers to create the range of EV and autonomous vehicles. Its segments include last mile delivery/ robo taxis, Mobility-as-a-Service (MaaS), E-Shuttle and Mid mile delivery. The firm provides basis for urban delivery vehicles or two passengers autonomous Robotaxi applications. Its platform creates the blank canvas to build the MaaS vehicle for both autonomous and human-drive applications. The Company’s EV platform technology accommodates medium-duty commercial vehicles, which includes shuttles and medium zero emission delivery trucks.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on REE Automotive Holding Inc's most recent financial statements, the company has Gross Margin of -334.8%.