Brief: Gaussin And Microvast Announce Strategic Partnership

Gaussin SA

08/06/2021 17:21

June 8 (Reuters) - Gaussin SA  ALGAU.PA :
    * GAUSSIN AND MICROVAST ANNOUNCE A STRATEGIC PARTNERSHIP TO
INTEGRATE THE NEW GENERATION OF BATTERIES DEDICATED TO
FULL-ELECTRIC AND HYDROGEN VERSIONS OF GAUSSIN’S NEW ROAD TRUCK
SKATEBOARD
    * MICROVAST BATTERY PACKS ARE EXPECTED TO BE ECE R100.2
CERTIFIED
BY JUNE 2021, SO THAT SKATEBOARD CAN COMPLY WITH ECE REGULATIONS
    * WITH TENNESSEE FACILITY SET TO BE OPERATIONAL IN 2022,
MICROVAST
WILL BE ABLE TO SUPPLY GAUSSIN, FUTURE U.S. LICENSEES DIRECTLY
FROM U.S. FACILITY
    * SIMILAR SCHEME PLANNED FOR EUROPE WHERE MICROVAST WILL BE
ABLE
TO SUPPLY GAUSSIN'S EUROPEAN REQUIREMENTS FROM GERMAN
LUDWIGSFELDE PLANT

Source text for Eikon:  ID:nNDL5bglSJ 
Further company coverage:  ALGAU.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))