Microvast to spend $220,000,000.00 to expand into new space in Clarksville Tennessee.
Clarksville, Tennessee — According to state and local economic development sources Microvast plans to invest $220,000,000.00 to build out new space in Clarksville. The company plans to occupy the new space at 780 International Blvd in Clarksville, on or about November 1, 2022. According to the company website Founded in 2006 as a research and technology driven company, Microvast, Inc., has evolved into a global leader in battery storage solutions for mobile and stationary applications. Microvast currently provides three different lines of fast-charging lithium-ion battery solutions, with different chemistries, performance characteristics and price points. Its main line of business is developing and implementing safe, long-life, fast-charging lithium-ion battery systems for electric and hybrid-electric municipal bus fleets. In addition to electric bus applications, Microvast has also expanded its business to serve other markets, such as electrified trucks, mining processes, and grid-scale energy storage.
To learn more about Microvast, visit http://www.microvast.com/
Company Contact:
Yang Wu, Chief Executive Officer
https://www.linkedin.com/in/yang-wu-47a80127/
281-491-9505
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