REE Automotive: EV's Commercial Future & Capital Strategies with CEO Daniel Barel

In this episode of the After Earnings podcast, Katie Perry and Austin Hankwitz interview Daniel Barel, co-founder and CEO of REE Automotive, discussing the company's innovative approach to modernizing the commercial vehicle industry. They delve into REE Automotive's focus on building modular commercial EV systems, challenges in transitioning dealers and fleets to electric trucks, and the importance of clear communication with investors. Daniel highlights the company's three-year plan to generate a billion in sales by 2026, emphasizing responsible financial management and transparency in operations.

$REE

00:00:00 Start

00:06:41 Nuances between commercial and passenger EVs in the midsize truck industry

00:10:23 Importance of battery technology and charging infrastructure for controlled routes in the commercial EV industry

00:15:17 Challenges and strategies in converting customers to adopt commercial EVs through sales demos

00:19:21 Comparing service requirements for commercial EVs vs. traditional vehicles

00:27:38 Securing working capital amid macroeconomic uncertainty

00:31:21 Demystifying business nuances for investors as the CEO

00:39:02 Daily driver preferences and driving experiences

00:43:23 The distinct role of commercial EVs in last-mile delivery services

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