Posts Tagged: Romeo Power

Heritage and Romeo Power invests in future of battery recycling

Heritage has launched a new division, Heritage Battery Recycling (HBR), to address the growing market demand for safe, sustainable solutions for lithium-ion batteries at the ends of their lives. HBR’s goal is to recover and reuse critical battery materials that exist in limited supplies across the globe. In collaboration with Romeo Power, HBR will develop… Read more »

Waste haulers are beginning to order EVs as power, weight, range and cost converge

Waste haulers have been experimenting with various types of alternative-fuel vehicles for years. As a recent article in Transport Dive reports, major public companies including Waste Management, Waste Connections and Republic Services, as well as private haulers such as Recology, and some municipally run fleets, have tested various types of EVs, as well as other… Read more »

Battery pack maker Romeo Systems to go public in $1.33-billion SPAC deal

EV battery pack manufacturer Romeo Systems plans to go public through a merger with a special purpose acquisition company (SPAC) called RMG Acquisition in a $1.33-billion deal, which is expected to close in the fourth quarter of 2020. The combined company will be listed on the NYSE under the symbol RMO. The transaction is expected… Read more »

Star-studded startup Romeo Power to manufacture EV battery packs

Santa Monica startup Romeo Power plans to manufacture EV-specific battery packs that it says will outperform any systems on the EV market today. The recently-launched company has over 50 employees, and an executive team that includes some well-known EV pioneers. Co-Founder and CTO Porter Harris is a veteran of SpaceX and Faraday Future, and VP… Read more »