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Stock impact report

Microvast and Tonly Heavy Industries Deploy Eco-Friendly Hybrid Mining Trucks [Yahoo! Finance]

Microvast Holdings, Inc. (MVST) 
Company Research Source: Yahoo! Finance
advanced battery technologies, announced today a collaboration with Tonly Heavy Industries to deploy their TLH135 extended-range hybrid mining trucks equipped with Microvast's high-power battery systems at a mine in Inner Mongolia. This deployment marks a significant step towards establishing a new eco-friendly mining ecosystem. The Tonly TLH135 hybrid mining trucks, customized for green mining initiatives, feature Microvast's battery systems, enabling substantial reductions in fuel consumption and emissions while maintaining robust carrying capacity. This hybrid technology allows for efficient operation in demanding conditions, particularly heavy-load uphill transportation. Microvast's collaboration with Tonly Heavy Industries underscores our commitment to providing sustainable energy solutions for heavy-duty applications. The successful deployment of these hybrid mining trucks in Inner Mongolia demonstrates the effectiveness of our high-power battery systems in supporting the tr Show less Read more
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