|Bid||9.85 x 2200|
|Ask||9.93 x 1400|
|Day's Range||9.90 - 9.96|
|52 Week Range||9.90 - 16.66|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
American Axle & Manufacturing Inc. (AAM) [NYSE: AXL], a leading global Tier 1 automotive supplier of driveline and metal forming technologies, and REE Automotive ("REE"), a leader in e-Mobility, today announce that the companies have agreed to jointly develop an exciting new electric propulsion system for e-Mobility. REE is in the process of merging with 10X Capital Venture Acquisition Corp ("10X SPAC") (NASDAQ:VCVC), a special purpose acquisition company, to become a publicly listed company.
To realize and bring to market their shared vision of "providing new value to society through next-generation commercial mobility"
Navya (FR0013018041- Navya), a leading company in autonomous driving systems and REE Automotive ("REE"), a leader in e-Mobility which recently announced its merger with 10X Capital Venture Acquisition Corp. (NASDAQ: VCVC), announce that they have signed an agreement to collaborate in the development of a level 4 autonomous system including REEcorner technology and Navya self-driving solutions.