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Romeo Power, Inc. designs and makes battery systems for electric vehicles, serving clients in North America and Europe.
Founded in 2015 and based in Cypress, US, Romeo Power, Inc. develops and manufactures high-performance battery systems for electric vehicles and offers tailored energy storage for EV applications. Nikola Motor Company acquired the company in August 2022 for approximately USD 144 mn in stock. Lionel Selwood is CEO, and the company has closed 6 funding deals, raising USD 4.00 mn to date. For 2020 it reported revenue of USD 8,974,000 and EBITDA of USD -32,336,000.
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