Microvast and Tonly Heavy Industries Deploy Eco-Friendly Hybrid Mining Trucks

STAFFORD, Texas, April 08, 2025 (GLOBE NEWSWIRE) -- Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a global leader in 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.

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