Microvast Holdings, Inc. Announces Cessation of Craig Webster as Chief Financial Officer
April 12, 2024 at 05:25 pm EDT
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On April 10, 2024 (the ?Transition Date?), Microvast Holdings, Inc. and Mr. Craig Webster, Chief Financial Officer, agreed that, effective as of the Transition Date, Mr. Webster would cease to be the Company?s Chief Financial Officer and would transition to the non-executive role of Special Advisor to the Company?s Chief Executive Officer. Mr. Webster?s transition from the Chief Financial Officer role is not related to any disagreement with the Company?s accounting, operating policies or practices.
Microvast Holdings, Inc. is an advanced battery technology company. It designs, develops and manufactures battery components and systems for electric commercial vehicles and utility-scale energy storage systems (ESS). It has developed proprietary technologies spanning the entire battery system, from basic cell materials (cathode, anode, electrolyte, separator) to cooling systems and software controls. It develops and commercializes a range of cell chemistries, including lithium titanate oxide (LTO), lithium iron phosphate (LFP), nickel manganese cobalt version 1 (NMC-1) and nickel manganese cobalt version 2 (NMC-2). It designs, develops and manufactures battery solutions for electric commercial vehicles, such as light, medium and heavy-duty trucks, buses, trains, mining trucks, marine and port vehicles, automated guided and specialty vehicles. Its products are marketed and sold through three regions: Europe, Middle East and Africa; North and South America, and Asia & Pacific.
MICROVAST HOLDINGS, INC. 
