Monday, May 9, 2022

Romeo Power Selected For Delivery Vehicle

Los Angeles-based battery developer Romeo Power, which develops lithium batteries and related technology, said last week that it has been selected by a U.S. manufacturer of Low-Speed Electric Vehicles (LSEVs) being used for delivering food, packages on campuses and for the last-mile. Size and terms of the deal were not announced. The company said it will be the sole provider of the lithium-ion batteries for the un-named manufacturer.