US Energy Dept cancels $200 mln award for battery company Microvast -source

Microvast Holdings

22/05/2023 21:51

WASHINGTON, May 22 (Reuters) - The U.S. Energy
Department decided on Monday to cancel contract  negotiations on
a $200 million award for Microvast Holdings  MVST.O , a lithium
battery company, a source familiar with the matter said.

 (Reporting by Timothy Gardner
Editing by Chris Reese)
 ((timothy.gardner@thomsonreuters.com; +1 202 380-8348 (Twitter
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