Romeo Power Announces Completion of Second Phase of Relocation to New Manufacturing Facility in Orange County, California

Romeo Power, Inc. (“Romeo Power” or the “Company”) (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced the completion of the second phase of its relocation to a new state-of-the-art headquarters and manufacturing facility located in Cypress, California.

The Company has successfully moved all three of its production lines to its new Orange County facility and is now manufacturing and shipping packs to customers from Cypress. The Company will continue to operate Lab and Engineering services out of its Vernon, California site for the next several weeks.

“The new era of Romeo Power’s growth continues with the second phase of relocation to our state-of-the-art production facility and headquarters in Orange County,” said Romeo Power Chief Executive Officer Susan Brennan. “The successful relocation of all three production lines to Cypress, coupled with Lab and Engineering operations taking place in Vernon, allow us to continue manufacturing and delivering the highest quality products for our valued customers while we complete the final phase of the transition to our new facility.”

Romeo’s new 215,000 square-foot manufacturing operation in Cypress will support the Company’s growth and expansion while enhancing throughput, quality and cost-effectiveness. It also offers proximity to Los Angeles, a thriving business corridor and a diverse workforce. A total of 24,000 square feet of office space will allow for continued organizational investment in scientific, engineering and other support resources, with 191,000 square feet of factory space dedicated to pack assembly and state-of-the-art automated module manufacturing that will produce twice the capacity of the existing lines and multiple engineering laboratories that support product testing and validation.

"Our new facility validates our products, people and potential and ensures that Romeo Power is positioned to continue innovating, building and delivering advanced electrification solutions for commercial vehicles now and in the future," Brennan said.

Completion of the third and final phase of the Company’s move from Vernon to Cypress is scheduled to occur in the third quarter of 2022.

About Romeo Power

Founded in 2016 and headquartered in Los Angeles, California, Romeo Power (NYSE: RMO) is an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications. The Company’s suite of advanced battery electric products, combined with its innovative battery management system, delivers the safety, performance, reliability and configurability its customers need to succeed. To keep up with everything Romeo Power, please follow the Company on social media @romeopowerinc or visit romeopower.com.