Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

Romeo Power Bags Lithium Battery Supply Contract From EV Manufacturer

  • Romeo Power Inc (NYSE:RMO) has bagged a lithium-ion batteries supply contract from a U.S. manufacturer of Low-Speed Electric Vehicles (LSEVs). The financial terms were not disclosed.
  • Romeo will be the sole provider of batteries for the manufacturer's next-generation vehicle.
  • Romeo Power CEO Susan Brennan stated, "This partnership allows Romeo to fulfill our customer's need for versatile commercial battery products sourced in North America."
  • Romeo Power noted its lithium-ion battery solutions suit the fit, form, and function needed for the customer's vehicles while delivering high performance and superior safety properties.
  • Price Action: RMO shares are trading higher by 4.54% at $1.19 on the last check Friday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.