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re: Mvst-a spac that actually has contracts and revenue

Posted on 12/30/22 at 5:37 pm to
Posted by Bleezy
Dirty South
Member since Sep 2018
274 posts
Posted on 12/30/22 at 5:37 pm to
Took this list from another message board.
Year end roundup of good news. Only bad news I know of is them doing business in China, but what company doesn't? Recently hit all time lows. :(

1. Announcement of partnership with TÜV SÜDa, sustainability assessment program, which will put Microvast in play in the EU to be a major player in governmental sustainability. (Sowing seeds for future BESS projects.)
2. Introduction of next generation battery products.
3. Increased year-over-year revenue and improved margins.
4. Hires Tobias Talmon l'Armée from Volkswagen as Vice President Global Marketing and Communications.
5. Announced new Energy Division and BESS storage system.
6. Joins Consortium led by Shell energy to electrify mining vehicles.
7. Announced partnership with General Motors to build next generation Ultium batteries.
8. Granted $200 million under the Inflation Reduction Act for a manufacturing facility to build battery separators for the GM partnership.
9. Announced 1.21GW's! BESS project.
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