US cancels talks on US$200mil for Microvast battery company

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US cancels talks on US$200mil for Microvast battery company FMTNews FMTBusiness

The grant had been set to support work on developing specialised EV battery separator technology.

The department had been in talks with Microvast over a grant of US$200 million from the US$1 trillion 2021 bipartisan infrastructure law for developing domestic manufacturing bases and supply chains.

 

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