The Nikola Badger, a fully-electric pickup truck. (Photo: Courtesy Photo) Nikola Sued for Delayed Production 'Inherited' Through Subsidiary
A newly-filed complaint alleges that Romeo, a California-based company that designs and produces lithium-ion battery packs for electric vehicles, overstated its ability to meet production goals, earning a fraction of its anticipated revenue.
August 16, 2024 at 03:17 PM
3 minute read
Corporate Governance
Nikola is again the subject of a lawsuit in the Court of Chancery, this time for events that occurred within Romeo Power Inc. before it was acquired by the EV manufacturer.
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