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Romeo Power Taps Former Bloom Energy Exec As President, CEO
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Nuvve & Romeo Power collaborate on V2G and BMS
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May 17, 2021
MONTREAL - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ( Lion Electric ), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today it has been selected to participate in the Heritage-Romeo Power Fleet Electrification Program.
The Heritage-Romeo Power Fleet Electrification Program is a collaboration between Heritage, a leader in environmental, sustainability and recycling services, and Romeo Power, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, to execute on Heritage s fleet electrification strategy.
Heritage will initially purchase five Lion Electric battery-electric trucks for the 2021 fleet electrification validation program consisting of Class 6 and/or Class 8 vehicles. Subject to the validation program s success to target specifications with operational excellence experienced, Heritage anticipates purchasing an add
(RMO) - Romeo Power Surges On Deal To Develop Next-Gen EV Battery Technology
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On Monday, 15-year-old battery maker Microvast Inc. made official an expected SPAC sponsorship by
Tuscan Holdings Corp. (NASDAQ: THCB) in a deal valued at $3 billion.
Tuscan raised $276 million in a March 2019 initial public offering. It added $540 million from investors including defense contractor and heavy equipment maker
Oshkosh Truck Corp. (NYSE: OSK) and Black Rock. The world s largest asset management company frequently purchases private investment in public equity (PIPE) shares.
Microvast is focusing on commercial vehicles like port equipment and mining trucks because, as CEO Yang Wu told Bloomberg, passenger vehicle companies will make their own batteries. One example is
General Motors Co. (NYSE: GM), which is building a plant in northeast Ohio for its $2.3 billion joint venture with cell maker LG Chem to assemble Ultium battery packs.