Israeli electric vehicle company goes public, announces Austin as U.S. HQ

by Sairam Kota | Jul 26, 2021 | Blog

By Brent Wistrom- Austin Business Journal

Israeli electric vehicle company REE Automotive Ltd. plans to open its U.S. headquarters and integration center in Austin, the company announced July 23.

The company says it will create 150 jobs in Austin in coming years. The integration center will be home to light assembly of the company’s REEcorner navigation and operating platform. REE plans to start production of an electric delivery van and a people mover vehicle in 2023. Meanwhile, Toyota’s Hino division plans to use its platform for its electric trucks and buses.

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Sairam Kota

Sairam is an experienced multifamily deal sponsor and asset manager for 738 units, a key principal in 332 units and limited partner in 1000 units. He has a strong experience in asset management, property reposition, income generation, implementing operational efficiencies and cost reduction. Sairam is a licensed Real Estate Broker in the state of Texas. He is a successful IT Consultant with 20+ years of experience in corporate America.

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