Nikola to Buy Battery Maker Romeo Power for $144 Million

Listen to article (2 minutes) Electric-truck startup Nikola said it has agreed to buy battery-technology company Romeo Power in an all-stock deal that values Romeo at roughly $144 million. Nikola said...

Nikola Is Buying Struggling Battery Maker Romeo Power For $144 Million

Nikola is buying Romeo Power to ensure stable supplies of battery packs for its Tre BEV electric semi. Nikola Corp. Nikola, a maker of battery- and hydrogen-powered trucks, is acquiring battery suppli...