Cypress Losing EV Jobs as Nikola Consolidates
Romeo Power Inc.'s tenure as a public company based in Orange County was a short one, with the electric vehicle battery maker acquired last October...
Romeo Power Inc.'s tenure as a public company based in Orange County was a short one, with the electric vehicle battery maker acquired last October by EV truck maker Nikola Corp., just months after Romeo had moved its headquarters and operations from Vernon in Los Angeles County to a new facility in Cypress. Now the future of one of OC's larger firms in the EV industry, with hundreds of local jobs, is in question following Nikola's decision to move battery production out of Cypress to Arizona. Phoenix-based Nikola said in a statement Jan.