Exhibit 99.1 REE Automotive Reports First Quarter 2024 Financial Results: Deliveries to Customers Have Begun Including to Penske, U-Haul and Airbus ● Penske Truck Leasing begins to of er Powered by REE Electric Vehicles to its customers ● U-Haul received Powered by REE electric platform and is evaluating it as the first solution to support the electrification of its fleet ● Airbus and REE collaborate on an autonomous program utilizing REE's P7-C full by-wire and autonomous-ready technology, which opens REE ...