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Nikola Battery Move From Cypress Ahead of Schedule

To be completed by next month

Electric truck maker Nikola Corp.  (Nasdaq: NKLA)  said the move of its battery manufacturing site from Orange County  to Coolidge, Ariz., is expected to be completed by April, months ahead of the original schedule. 

 A battery engineering presence is expected to remain in California at a separate facility to focus on the development of Nikola’s next generation battery management system software and modules, the company added In a news release yesterday. 

Nikola completed the   acquisition of Romeo Power last October and in mid-January announced the plan to transfer the battery manufacturing from Cypress to Arizona. 

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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