Heritage Environmental Services and Romeo Power Launch Commercial Fleet Electrification Program Romeo Power to Electrify 500 Heritage Environmental Services Trucks with US Ecology to Participate as Program ObserverLOS ANGELES, CA (January 4, 2021) – Heritage...

ROMEO POWER AND RMG ACQUISITION CORP. ANNOUNCE CLOSING OF BUSINESS COMBINATION; ROMEO POWER TO TRADE ON NYSE UNDER TICKER “RMO” AS OF DECEMBER 30, 2020

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.

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.

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, 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, 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, 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.