Lightning eMotors sues battery supplier and its new owner
LOVELAND — Lightning eMotors Inc., the Loveland manufacturer of light electrically powered trucks and buses, has filed a lawsuit against two companies that it said caused financial damages by failure to supply batteries on an agreed-upon schedule.
The lawsuit, filed March 9 in Larimer County District Court, charges that Romeo Systems Inc. (NYSE: RMO) failed to meet delivery schedules for batteries that it was committed by contract to deliver and that Nikola Motor Co. (Nasdaq: NKL), which bought Romeo in August 2022, interfered in the contract.
Lightning (NYSE: ZEV) alleged in the lawsuit that it and Romeo signed a contract in July…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
LOVELAND — The Stinging Nettle has taken up residence in downtown, filling a hole recently…
-
Chick-fil-A, the Atlanta-based fast-food chain famous for chicken sandwiches and being closed on Sundays, will…
-
Owners of a new store just north of downtown Loveland hope to provide a variety…
-
Walmart is working to install millions of dollars worth of technology at the Loveland distribution…
