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Romeo Power announced today that it has secured a multi-year production contract with The Lion Electric Co. (“Lion Electric”), a leading OEM in North American electric commercial transportation. The contract is expected to generate $234 million in revenue for Romeo Power over a five-year period beginning in 2021.
REPUBLIC SERVICES INCREASES INVESTMENT IN ROMEO POWER AS PARTIES EXPLORE STRATEGIC ALLIANCE; TIM STUART, REPUBLIC’S CHIEF OPERATING OFFICER, TO JOIN ROMEO POWER BOARD
Romeo Power and Republic Services continue to actively work on establishing a strategic alliance to support Republic’s comprehensive electrification and sustainability goals and strategy. In addition, Tim Stuart, Chief Operating Officer of Republic Services, will join the Board of Directors of Romeo Power upon Romeo Power’s planned business combination with RMG.
Romeo Power CEO Lionel Selwood on making enhanced batteries for green energy vehicles and the future of electric cars. (a Fox Business interview)
Romeo Power, the manufacturer of advanced batteries with high energy density for electric vehicles, has named Lionel Selwood, Jr as Chief Executive Officer. Michael Patterson, the founder of Romeo Power will remain Chairman of the Board.
BorgWarner’s joint venture with Romeo Power, a leading-technology battery pack and module supplier, allows BorgWarner to power the demonstration vehicle with different configurations of battery power, and test and validate particular battery pack applications for specific vehicle goals or driving experiences.
Plex Systems, the leader in cloud ERP and MES for manufacturing, today announced manufacturers Gill Industries, Romeo Power, and Toyotetsu North America are the 2019 Plex Impact Award winners. These annual awards, presented at PowerPlex, recognize industry transformers, innovators, and leaders.
BorgWarner Announces New Joint Venture Which Will Add Battery Packs to its Broad Propulsion Portfolio
With global expertise supplying combustion, hybrid and electric vehicle propulsion solutions, BorgWarner is continuing to build its electrification portfolio and systems expertise by agreeing to form a joint venture with Romeo Power Technology, a technology-leading battery module and pack supplier.
Romeo Power, the energy storage technology company founded by engineers from SpaceX, Tesla, and Samsung, today announced their 48V Thunder Maxx lithium forklift battery to be sold through Komatsu USA’s nationwide chain of factory stores. The Romeo Power Thunder Maxx delivers 3.2x the total energy throughput of the leading lead-acid forklift battery and lasts about 3.2x longer, ~4,000 charges.
Agility Fuel Solutions and Romeo Power Technology Partner to Provide High-Performance, Modular Battery Packs for Commercial Vehicles
Agility Fuel Solutions, a leading global provider of clean fuel solutions for medium- and heavy-duty commercial vehicles, and Romeo Power Technology, the energy storage technology company founded by engineers and designers from SpaceX, Tesla, Amazon and Samsung, announced today a partnership for the production of high-performance, modular battery packs for commercial vehicles.
Romeo Power Technology Inaugurates The West Coast’s First Dedicated Electric Vehicle Battery Pack Manufacturing Facility
Romeo Power Technology, the energy storage technology company founded by top engineers and designers from SpaceX, Tesla, Amazon and Samsung, today announced the completion of its fully-automated 113,000 square-foot lithium-ion battery pack manufacturing facility near downtown Los Angeles. The inauguration of the West Coast’s first dedicated battery pack manufacturing facility was marked with a celebration and ribbon cutting ceremony by Romeo’s executive team for employees, local public officials and community guests.
Romeo Power Closes $30 Million Seed Financing; Ramps Battery Pack Production for EVs and Stationary Storage
Romeo Power, the energy storage technology company founded by top engineers and designers from SpaceX, Tesla, Apple, Amazon and Samsung, today announced $30 million in seed financing. The announcement comes as Romeo Power finalizes the installation of a fully automated 113,000 square-foot manufacturing facility near downtown Los Angeles, and ramps production of its lithium-ion battery packs for electric vehicle (EV) and stationary storage applications.
Romeo Power Introduces First Lithium-Ion Battery Pack Adaptable for Any Electric Forklift Make or Model
Romeo Power, the energy storage technology company founded by top engineers and designers from SpaceX, Tesla, Samsung and Amazon, today introduced THUNDER PACKTM- C, the first lithium-ion (Li-ion) battery pack designed to be adapted for any electric forklift make or model.
Launched last year by renowned tech innovators Michael Patterson and Porter Harris, the demand for its powerful EV Battery packs continues to grow. To accommodate the growing demand, Romeo Power has expanded their manufacturing capabilities just outside of Los Angeles to the city of Vernon, CA. Romeo Power is the first US company to manufacture battery packs for the electric vehicle markets in North America and Europe.