Microvast to go ahead with more than $300 mln battery investment in Tennessee

Microvast Holdings

20/06/2023 19:32

June 20 (Reuters) - Microvast Holdings  MVST.O  said on
Tuesday it was progressing with the more than $300 million
investment at its Clarksville, Tennessee facility, even though
the U.S. Energy Department did not award the lithium battery
maker a $200 million grant.

 (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna
Chandra Eluri)
 ((Nathan.Gomes@thomsonreuters.com;))