Associated tags: Manufacturing, Batteries, Energy, Other Manufacturing, Hardware, Other Energy, Engineering, Electric battery, Automotive Manufacturing
Locations: TX, EUROPE, COLORADO, WARD, STAFFORD, US, TEXAS, APAC, CHINA, TENNESSEE
Technology,
Mobile,
Wireless,
Nanotechnology,
Audio,
Video,
Trucking,
Alternative energy,
Energy,
Transport,
Networks,
Internet,
Hardware,
Electronic design automation,
Data management,
Consumer electronics,
Technology,
Mobile,
Wireless,
Nanotechnology,
Audio,
Video,
Trucking,
Alternative energy,
Energy,
Transport,
Networks,
Internet,
Hardware,
Electronic design automation,
Data management,
Consumer electronics,
Microvast,
Tuscan,
InterPrivate The business combination is expected to provide $822 million of gross proceeds to Microvast.
Key Points:
- The business combination is expected to provide $822 million of gross proceeds to Microvast.
- PIPE anchor investors include strategic partner Oshkosh Corporation as well as funds and accounts managed by BlackRock, Koch Strategic Platforms and InterPrivate.
- By integrating the process from raw material to system assembly, Microvast has developed a family of products covering a broad breadth of market applications.
- On February 16, 2021 Tuscan filed a preliminary proxy statement with the SEC relating to the Proposed Transaction (collectively, \xe2\x80\x9cMerger Proxy Statement\xe2\x80\x9c).
Automotive,
Other Manufacturing,
Technology,
Chemicals,
Plastics,
Automotive Manufacturing,
Manufacturing,
Environment,
Public transport,
Finance,
Trucking,
Semiconductor,
Alternative energy,
Transport,
Energy,
Professional services,
Software,
Fleet management,
Hardware,
Alternative Vehicles,
Fuels,
Electronic design automation,
Aftermarket,
Electric battery,
Electric power,
Draft:Microvast,
Microvast,
SAFRA,
Tuscan,
InterPrivate Under the framework supply agreement, Microvast will supply up to 2,000 battery packs from Microvast over three years, starting in March 2021.
Key Points:
- Under the framework supply agreement, Microvast will supply up to 2,000 battery packs from Microvast over three years, starting in March 2021.
- The Microvast battery packs can be flexibly connected in serial and/or parallel to reach different voltage and energy levels.
- With the planned launch of SAFRAs e-bus late this year, Microvast will further expand its footprint in the French e-bus market.
- By integrating the process from raw material to system assembly, Microvast has developed a family of products covering a broad breadth of market applications.
