Battery Co. Must Face Suit Over Revoked $200M DOE Grant

By Katryna Perera ( August 25, 2025, 9:38 PM EDT) -- A Texas federal judge has ruled that lithium-ion battery company Microvast Holdings Inc. cannot beat, for now, a securities class action alleging it misled investors about a revoked $200 million grant from the U.S. Department of Energy, although the judge trimmed certain claims from the suit....

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