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US Energy Dept cancels US$200mn grant to lithium battery company over alleged China links

US Energy Dept cancels US$200mn grant to lithium battery company over alleged China links
On Monday the U.S. Energy Department cancelled a $200 million grant for lithium battery company Microvast HoldingsNews report citing an unnamed "source familiar with the matter".Republican lawmakers cited concerns over the firm's alleged links to China's government The department had been in talks with Microvast over the grant to help build a plant in Tennessee. This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: May 23 2023, 02:30
Author Name: forexlive
Views: 110163

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