Microvast responds to doe decision to withdraw separator grant

Stafford, texas--(business wire)--microvast holdings, inc. (nasdaq: mvst) (“microvast” or the “company”), a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, responded today to the u.s. department of energy's (doe's) recent decision to withdraw its previously announced $200 million separator grant. yang wu, microvast's founder, chairman, president, and chief executive officer, said “the company is surprised by the doe's decision to withdraw the grant,.
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