Nikola agrees to acquire romeo power, to bring battery pack engineering and production in-house

Acquisition will secure control of critical battery pack engineering and production process transaction expected to yield annual cost savings of up to $350 million by 2026 romeo's cypress, california facility will become nikola's battery center of excellence nikola to host analyst and investor webcast on august 1 at 11:00 a.m. eastern time (8:00 a.m.

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