Nikola has acquired Romeo Power for in-house production of battery pack
Nikola and Romeo Power have entered into an agreement in which Nikola acquired Romeo in an all-stock transaction. This strategic move by Nikola will enable it to develop its own battery and battery management systems (BMS) engineering skills. Nikola anticipates that the acquisition will enable a considerable operational improvement and cost reduction in the manufacture of battery packs. Romeo’s contribution of technical expertise for batteries and BMS will also promote faster product development and better performance for Nikola customers. The control of the crucial battery pack engineering and production process will be secured through this acquisition.
About Ingenious e-Brain Solutions:-
Ingenious e-Brain Solutions provides high-quality, customized and cost-effective Technology Research, Business Research, and Intellectual Property Research solutions to industry leaders, and innovative companies across the globe. Innovation, knowledge and transparency form the basis of our company’s mission and vision. Along with cost benefits, we provide highest quality results ensuring fool-proof confidentiality and security. We are an ISO certified company with offices in India and USA.
Ingenious e-Brain Solutions has a strong team of analysts, and subject matter experts with domain proficiency which is devoted to help clients grow. Our highly qualified professionals offer tailored, value-added and cost-effective services to our clients. We believe in building long term relationships with our clients who include national and international corporations, Fortune 500 companies, world’s leading research institutes and universities as well as independent inventors.
Get in Touch:-
207-208 Welldone TechPark, Sohna Road
Sector 48, Gurugram,Haryana 122018, India
+91 124 429 4218