The USPS Contract Company NO ONE is Talking About
EV-News.com predicts that Workhorse ($WKHS) will receive most if not all of the 8.1 Billion dollar contract from USPS. This article is NOT about Workhorse nor Lordstown Motors ($DPHC) as everyone is talking about those two.
Workhorse and Lordstown Motors rise and fall,
All in anticipation that Workhorse will win the USPS contract.
However, there is one stock, currently @ $10.20, that no one is talking about.
EV-News.com has a position in both Workhorse and Lordstown,
and have invested heavily in this company.
Romeo power is a company that specializes in electric powertrain batteries for larger commercial vehicles, and one of their customers is?
That's right, Workhorse
Another customer of theirs is Oshkosh, also a candidate for the USPS contract.
***Directly from Romeo Power's investors presentation - Updated in October, 2020.
$2 Billion from Contract
In this research by Roth Capital Partners, LLC - Romeo Power would receive roughly $2 Billion of the $8.1 from Workhorse.
Romeo Power IPO'd and announced a merger with a SPAC on OCTOBER 7th.
There is no way this is just a coincidence.
How To Invest?
Romeo Power was priced at $10.58
Today is even cheaper
invested on Monday
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I predict an amazing future for the EV industry as a whole, and believe their are clear winners such as Workhorse, Lordstown Motors and Romeo Power. Once the contract is announced, EV-News.com will be ecstatic.