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The Latest Breaking News from Microvast

Biden’s energy funds fall behind schedule over China scrutiny

U.S. Energy Secretary Jennifer Granholm knows time is not on her side.

Tribune News Service

Tennessee, Kentucky battery plants for Ford electric vehicles on track for $9.2B federal loan

Tennessee, Kentucky battery plants for Ford electric vehicles on track for $9.2B federal loan

The U.S. Department of Energy says massive battery plants planned in Tennessee and Kentucky for Ford’s electric vehicles are on track to receive up to a $9.2 billion federal loan

The Independent UK

Kentucky pauses incentives for battery maker whose federal loan was nixed after claims of China ties

Kentucky pauses incentives for battery maker whose federal loan was nixed after claims of China ties

Kentucky officials say they won't begin paying $21 million in economic incentives for a proposed electric vehicle battery facility until the company further explains why federal officials abruptly rejected a $200 million loan

The Independent UK

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Energy Dept. cancels $200M grant to battery maker after GOP criticism over alleged ties to China

The Biden administration has canceled plans to award a $200 million grant to a U.S. battery manufacturer amid criticism from Republican lawmakers over the company’s alleged ties to China

The Independent UK

The coming China-EV showdown in Congress

Congress is launching probes into the EV industry's reliance on China and the potential risks to national security and efforts to prevent forced labor abroad.

GM to collaborate on battery separator technology, build plant

General Motors Co. and battery manufacturer Microvast said Wednesday they will jointly develop specializedelectric-vehicle battery separator technology and build a new separator plant in the U.S.

Tribune News Service

Morgan Stanley Cuts Microvast Price Target Post Q4 Results

Morgan Stanley analyst Adam Jonas lowered the price target to $4 (a downside of 30%) from $6 for Microvast Holdings Inc. (NASDAQ:MVST) while maintaining an Underweight rating on the shares. The analyst revised his estimates following the Q4 earnings call to reflect the company's updated outlook. Jonas noted that the current environment is creating challenges…

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Why Are Microvast Shares Trading Higher Today?

Why Are Microvast Shares Trading Higher Today?

Microvast Holdings Inc (NASDAQ: MVST) shares are trading higher Thursday after the company introduced two new lithium ion battery cells and upgraded Gen 4 battery packs.

What's Going On With Microvast Shares Today?

What's Going On With Microvast Shares Today?

Microvast Holdings Inc (NASDAQ: MVST) is trading significantly higher Monday on above-average volume.

Microvast Shares Pop On FY21 Revenue Outlook Confirmation

Microvast Shares Pop On FY21 Revenue Outlook Confirmation

Microvast Holdings Inc (NASDAQ:MVST) confirms that its revenue performance FY21 will be within the announced guidance of $145 million - $155 million (consensus $146.68 million), representing a 42% year-over-year growth at the midpoint of the range. "We are pleased to close out 2021 with a strong revenue performance in the fourth quarter and…

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