Building "Bridges" Across the Bayou City!
Stafford-based electric vehicle battery maker Microvast Holdings related to its factory in Clarksville, Tennessee, where construction has been suspended.
Read MoreHouston-based Microvast hoped to start sending electric vehicle batteries to customers in 2023. That didn’t happen — and now, 2024 looks to be out of the question too. “We got this as far as we could on [our] balance sheet,” says the CFO.
Read MoreMicrovast’s project is backed by a $200 million grant from the U.S. Department of Energy, which is incentivizing electric vehicle companies to expand their manufacturing capacity.
Read More“We believe that the strong demand we are seeing along with the anticipated benefits of [the Inflation Reduction Act] puts us on a path to achieve profitability within the next two to three years. We see 2023 as a standout year.”
Read MoreStafford-based Microvast Holdings Inc. (Nasdaq: MVST) has received a $200 million federal grant that will cover 40% of the cost of opening a manufacturing plant to make one layer of a lithium-ion battery. Here’s a look at the possible plans for the plant.
Read MoreIn its return to Nashville, Whataburger is aiming to serve its fanatics in at least five locations across the region, according to job postings and construction plans filed with the local government.
Read MoreThe virus has inverted fundamental economics of the hospitality business, and forecasters don’t anticipate a full rebound from the devastation until two to five years from now.
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