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Daniel Barel

CEO & Co-Founder, Ree

Search every verified Daniel Barel interview, podcast appearance, and on-the-record quote β€” each transcript cross-checked by AI and human review to confirm speaker identity. Daniel Barel, co-founder and CEO of REE Automotive, has stated that the company achieved FMVSS and EPA certification for its by-wire technology, which he described as a first for the industry. In the third quarter of 2024, Barel reported that the company more than doubled its reservation value from $60 million to nearly $140 million and improved liquidity by 47%. He announced a $45 million investment led by its largest shareholder, M Investments, and Modison, which he said would likely be the last dilutive capital raise in the near future. Barel has reaffirmed the company's target of reaching bill-of-material break-even in the second half of 2025 on production of a few hundred vehicles, and has stated that REE is targeting cumulative sales of approximately 6,000 trucks by the end of 2026, representing about 1% of the medium-duty market. Barel has described REE's by-wire technology as removing mechanical connections between drive, steer, and brake components, and has said the company aims to serve as a foundational technology provider for other OEMs, likening the approach to "Intel inside" for automotive. He has noted that the company is working with three undisclosed automakers interested in its technology and has partnerships with fleets including Penske and U-Haul. Barel has also discussed the company's capital-light assembly strategy, which he said involves integration centers costing a few million dollars rather than billions, and has emphasized that the company is focused on collaboration rather than competition within the industry.

Selected quotes

Recent appearances

  • Building a Better World Through By-Wire ft. Daniel Barel of REE Automotive

    If the "future of mobility" were an equation written on the marker board in a university math class, REE Automotive would solve it with creativity, ingenuity, and sincerity. Co-founder Daniel Barel and the REE team are more than familiar with the drawing board as they pursue a collective vision of building the ultimate customer-centric vehicle. In this episode of AutoVision News Radio, Daniel takes Carl through the company's latest innovations - the REEcorner and REE platform - from a design and engineering perspective. Daniel opens up about his life, sharing his business philosophies of al…

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  • $REE REE Automotive Q3 2024 Earnings Conference Call

    12/17/2024 Q&A: 16:41 REE Automotive Ltd. operates as an automotive technology company in France, the United Kingdom, theΒ ...

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  • Life during wartime: Tech startup Ree Automotive operates as Israel-Hamas war rages | Truck Tech

    Guest: Daniel Barel, co-founder and CEO, Ree Automotive Topic: By-wire trucking technology company advances toward production amid air raids and bomb shelter stays in war-torn Israel. Subscribe to the Truck Tech Newsletter: https://www.freightwaves.com/truck-tech Follow Alan Adler on LinkedIn: Β Β /Β alan-adler-6180951Β Β  Follow Alan on Twitter: https://x.com/alanadler Watch more Truck Tech: Β Β Β β€’Β TruckΒ TechΒ Β  #trucking #logistics #news ------------------------------------------------------------- SUBSCRIBE: http://bit.ly/FW-subscribe -----------------------------------------------------------…

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  • REE Automotive CEO on Earnings Beat, Outlook for E.V. Industry

    Daniel Barel, CEO of REE Automotive (REE), talks about how the company "came off its best quarter ever." He talks about the ways REE is expanding its presence in the EV industry, and what still needs to be done to drive growth for electric vehicle fleets in America. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-... Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-... Watch on Sling - https:…

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  • 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 operat…

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  • REE Automotive Shareholder Fireside Chat with CEO and Co-Founder Daniel Barel

    REE’s VP of Strategy, Kim Mathers, sat down with CEO and Co-Founder, Daniel Barel to answer your most requested questions! Check out the full video here: https://bit.ly/3Qh169M Daniel covers: βœ… Behind-the-scenes insights into our Cap-ex light business model βœ… How REE expects to win and make a profit βœ… Sales projections for 2024-2026 βœ… What we are hearing from customers

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  • REE Automotive Shareholder Fireside Chat

    REE Automotive CEO and Co-Founder Daniel Barel will participate in a shareholder fireside chat today to answer questions submitted by REE shareholders.

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  • Exclusive Interview REE Automotive: The Future Of E-Mobility | Benzinga Electric Vehicles Conference

    Daniel Barel - Co-founder & CEO of REE Automotive (NASDAQ: REE)

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  • Ree Automotive CEO on building the platform for the future of automotive

    Ree Automotive co-founder and CEO Daniel Barel explained how the automotive technology company is working to be at "the basis of every vehicle that's going to be out there." Subscribe to CNBC PRO for access to investor and analyst insights: https://cnb.cx/2Vtntx6 Β» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision Β» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Β» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. T…

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  • REE AUTOMOTIVE European Exclusive : reinventing the wheel for the world's automakers | FULLY CHARGED

    SUBSCRIBE, LIKE & SHARE if you want Clean Energy & Electric Vehicles to be the norm. Imagine the Electric Vehicle possibilities if you had a completely flat and modular chassis with limitless design capabilities and the ability to swap out batteries. This is exactly what REE Auto in Israel have created with their next generation EV platform and Robert catches up with Co-Founder and CEO Daniel Barel to find out more. This is truly ground-breaking and amazing technology which has the ability to completely change the future of transport and we can't wait to see a REE powered EV soon. More abou…

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