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<blockquote data-quote="Weather Man" data-source="post: 16610309" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3683800-romeo-powers-battle-motors-acquires-crane-carrier-company" target="_blank">Romeo Power's Battle Motors acquires Crane Carrier Company</a></p><ul> <li data-xf-list-type="ul">Battle Motors, founded by Michael Patterson, the founder of Romeo Power (NYSE:<a href="https://seekingalpha.com/symbol/RMO" target="_blank">RMO</a>), Paul Marsolan, co-founder and former CTO of InAuth, Inc. and Nick Sampson, co-founder of Faraday Future and former head of vehicle engineering at Tesla, has <a href="https://seekingalpha.com/pr/18280440-battle-motors-acquires-crane-carrier-company-launching-path-to-class-7-and-8-vocational-truck" target="_blank">acquired Crane Carrier Company</a>.</li> <li data-xf-list-type="ul">Battle Motors is launching the Battle-Ready Class 8 severe duty full electric truck this summer with 12 top tier Municipal customers.</li> <li data-xf-list-type="ul">Battle Motors plans for CCC to continue production of its class 7 and 8 truck chassis from the company's manufacturing plant in New Philadelphia, Ohio.</li> <li data-xf-list-type="ul">New Philadelphia Mayor, Joel Day, says the company's vision will give a tremendous boost to the local economy, "Battle Motors is nearly tripling the size of the production facility in New Philadelphia from 125,000 sq feet to 350,000 sq feet to increase production. It is a perfect fit into the advanced manufacturing initiative underway in our county and the Eastern Ohio region."</li> <li data-xf-list-type="ul">Patterson intends to expand the Ohio facility, making capital improvements in infrastructure and strategic investments in new equipment and technology to support rapid growth in the EV space.</li> <li data-xf-list-type="ul">"We are combining the best of last century's severe duty diesel and compressed natural gas (CNG) technology with best-in-class EV technology to produce full electric trucks for the marketplace," says Mr. Patterson, CEO of Battle Motors and Crane Carrier. Patterson continues, "There has been minimal movement and very little fundamental innovation in this space, the merging together of a traditional mainstay of the industry with an innovative and highly advanced technology company will generate a radical shift in this important sector of the transportation industry."</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16610309, member: 137766"] [URL='https://seekingalpha.com/news/3683800-romeo-powers-battle-motors-acquires-crane-carrier-company']Romeo Power's Battle Motors acquires Crane Carrier Company[/URL] [LIST] [*]Battle Motors, founded by Michael Patterson, the founder of Romeo Power (NYSE:[URL='https://seekingalpha.com/symbol/RMO']RMO[/URL]), Paul Marsolan, co-founder and former CTO of InAuth, Inc. and Nick Sampson, co-founder of Faraday Future and former head of vehicle engineering at Tesla, has [URL='https://seekingalpha.com/pr/18280440-battle-motors-acquires-crane-carrier-company-launching-path-to-class-7-and-8-vocational-truck']acquired Crane Carrier Company[/URL]. [*]Battle Motors is launching the Battle-Ready Class 8 severe duty full electric truck this summer with 12 top tier Municipal customers. [*]Battle Motors plans for CCC to continue production of its class 7 and 8 truck chassis from the company's manufacturing plant in New Philadelphia, Ohio. [*]New Philadelphia Mayor, Joel Day, says the company's vision will give a tremendous boost to the local economy, "Battle Motors is nearly tripling the size of the production facility in New Philadelphia from 125,000 sq feet to 350,000 sq feet to increase production. It is a perfect fit into the advanced manufacturing initiative underway in our county and the Eastern Ohio region." [*]Patterson intends to expand the Ohio facility, making capital improvements in infrastructure and strategic investments in new equipment and technology to support rapid growth in the EV space. [*]"We are combining the best of last century's severe duty diesel and compressed natural gas (CNG) technology with best-in-class EV technology to produce full electric trucks for the marketplace," says Mr. Patterson, CEO of Battle Motors and Crane Carrier. Patterson continues, "There has been minimal movement and very little fundamental innovation in this space, the merging together of a traditional mainstay of the industry with an innovative and highly advanced technology company will generate a radical shift in this important sector of the transportation industry." [/LIST] [/QUOTE]
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