Microvast Power Systems raises $400 Million in new funding

By Charles Morris Microvast Power Systems (MPS) has received $400 million in a funding round led by CITIC Securities. MPS is a vertically integrated battery system manufacturer. Its battery systems are currently powering over 15,000 electric and hybrid public transport vehicles in over 140 cities.
MPS plans to launch a next-generation product line this …read more

Source:: https://chargedevs.com/newswire/microvast-power-systems-raises-400-million-in-new-funding/