NOIDA, India, Sept. 17, 2026 /PRNewswire/ -- Microvast Power Systems Co., Ltd. ("Microvast Power"), a subsidiary of Microvast Holdings, Inc. (NASDAQ: MVST), announced on September 14 it will showcase a range of battery solutions for construction machinery, mining vehicles and other heavy-duty applications at bauma CONEXPO INDIA 2026, taking place from September 15 - 18, 2026, at the India Expo Centre in Greater Noida/Delhi NCR.
At the exhibition, Microvast Power will present a portfolio of battery products designed to support the electrification of vehicles, mining trucks, and construction equipment operating under demanding conditions. Featured products will include Microvast's 5th-generation C-pack and MT-pack battery systems.
The 5th-generation C-pack is designed to combine ultra-fast energy replenishment and ultra-long cycle life, helping reduce charging-related downtime while supporting the operating range and payload requirements of heavy-duty equipment. These characteristics are intended to address key challenges associated with the electrification of construction machinery, including charging time, equipment availability and total cost of ownership. Designed for heavy-load mining applications and demanding operating environments, the MT-pack incorporates enhancements in structural design, materials and manufacturing technology to improve vibration, corrosion and impact resistance. The system is designed for operation in challenging environments, including conditions involving high altitude, salt exposure and sustained vibration, while balancing operating range, payload capacity and equipment utilization.
Microvast power has been participating in the Indian market since 2019, with its battery systems deployed in commercial applications including urban public transit and mining trucks. These applications provide Microvast with operating experience across both urban passenger transportation and demanding heavy-duty operation in mining applications. Microvast's 3C fast-charging high-power power battery is designed to support high utilization operating schedules by reducing charging time and increasing equipment availability. Microvast battery systems deployed in India have also been designed to operate under challenging climate and operating conditions, including high temperatures, heavy rainfall, humidity and vibration.
Microvast has focused on battery technologies for commercial vehicles, construction machinery and other heavy-duty applications for many years. Through its vertically integrated research, development and manufacturing capabilities, Microvast develops battery cells, modules and packs designed around the performance requirements of demanding vehicle applications.
Microvast has worked with original equipment manufacturers on electric and hybrid construction equipment, heavy-duty trucks and mining vehicles across a range of commercial applications. Through its participation in bauma CONEXPO INDIA 2026, Microvast intends to strengthen relationships with customers and industry partners in India and across South Asia and support the continued electrification of construction, mining and heavy-duty equipment.
About Microvast
Microvast strives to be a global leader in advanced battery technologies, with a portfolio of more than 890 patents. Founded in Texas in 2006 and headquartered in Houston, the company has spent two decades engineering cutting-edge battery systems that are intended to power a cleaner future. Microvast stands as a trusted global partner with the mission to provide the high-performance solutions required for today's electrification needs.
For more information, please visit www.microvast.com or follow us on LinkedIn (@microvast).
Cautionary Statement Regarding Forward-Looking Statements
This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results; our plans, objectives, expectations and intentions with respect to future operations, products and services, including statements with respect to the expected development, validation, sample availability, customer evaluation, performance, commercialization and market adoption of the MV-Cubic battery pack and Microvast's all-solid-state battery technologies; and other statements identified by words such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "believe," "intend," "plan," "projection," "outlook," or words of similar meaning. These forward-looking statements include, but are not limited to, statements regarding Microvast's industry and market sizes, future opportunities for Microvast, and Microvast's estimated future results. These statements are based on management's current beliefs and expectations and are subject to significant business, economic, technical, regulatory, manufacturing and competitive risks and uncertainties, many of which are difficult to predict and beyond the company's control. Actual results and timing may differ materially from the results anticipated in such forward-looking statements. Additional risks are described in Microvast's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers should not place undue reliance on forward-looking statements. Microvast undertakes no obligation to update them except as required by law.
Contact:
Investor Relations
ir@microvast.com
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Microvast Power to Showcase Battery Solutions for Construction and Mining Equipment at Bauma CONEXPO INDIA 2026
New innovation hub accelerates AI commercialization through research, engineering expertise and global supply chain support
HONG KONG, Sept. 17, 2026 /PRNewswire/ -- Avnet (NASDAQ: AVT), a leading global technology distributor and solutions provider, today joined The University of Hong Kong (HKU) in officially opening the Emerging Microelectronics and Ubiquitous Systems Lab (EMUS Lab), a collaborative innovation hub designed to accelerate AI hardware commercialization by connecting research, innovation, engineering expertise and global supply chain capabilities.
Located at the Data Technology Hub in Tseung Kwan O InnoPark, EMUS Lab focuses on next-generation technologies including edge AI, physical AI, robotics, high-performance computing (HPC) and emerging microelectronics. By bringing together academic research, startups and industry, the Lab provides innovators with access to engineering consultation, GPU computing resources, prototyping support, manufacturability assessments and supply chain expertise needed to transform breakthrough ideas into scalable, market-ready products. Through Avnet's broader ecosystem, including element14, an Avnet company specializing in proof-of-concept development and prototyping, innovators can access the tools, technologies and support needed in the early stages of product development, while leveraging Avnet's engineering, design chain and global supply chain expertise to accelerate the journey from prototype to production.
As AI moves beyond cloud-based models into intelligent devices, robotics and industrial systems, bringing AI into the physical world increasingly depends not only on advanced AI models, but also on the ability to engineer, manufacture and scale AI-enabled hardware. Industry analysts project strong growth in the adoption of edge AI, physical AI and intelligent autonomous systems over the coming decade¹. With its strong research ecosystem, international connectivity and proximity to the Greater Bay Area manufacturing network, Hong Kong is uniquely positioned to accelerate the commercialization of AI-enabled hardware technologies.
Arthur Chung, Vice President, Sales and Supplier Management, Asia, Avnet, said: "Building a great AI model is only the beginning. Turning AI innovation into a reliable, manufacturable and scalable product remains one of the biggest barriers to commercialization. EMUS Lab was created to help innovators bridge that gap by combining research with engineering expertise, supply chain readiness and market access, enabling them to move faster from prototype to product."
Prof. Ngai Wong, Associate Professor at the Department of Electrical and Computer Engineering at HKU Faculty of Engineering, and Director of EMUS Lab, said: "EMUS Lab was established to bridge the gap between cutting-edge research and real-world application. By bringing together researchers, students, startups and industry partners, we are creating an environment where research excellence, engineering expertise and industry needs converge to accelerate AI and microelectronics innovation. Together with Avnet, we are helping transform research outcomes into technologies that deliver meaningful societal and economic impact."
Prior to its official opening, EMUS Lab had already demonstrated measurable impact. Research supported by Avnet-sponsored GPU infrastructure has contributed to publications in Nature family journals and presentations at leading AI conferences including ICLR and ICML, highlighting the Lab's early research impact.
The opening ceremony brought together representatives from Avnet, HKU and local universities, the broader innovation ecosystem, industry partners and the technology community for keynote presentations, a memorandum of understanding signing ceremony, laboratory tours and technology demonstrations.
Accelerating AI Innovation from Prototype to Product
One of EMUS Lab's first major industry engagement initiatives is the DfMA Launchpad for AI MMP Programme, a 12-month co-incubation programme that connects EMUS Lab, Avnet and ecosystem stakeholders to support AI startups.
The programme combines Avnet's engineering and global supply chain expertise with EMUS Lab's advanced research infrastructure and the startup ecosystem of Hong Kong Science and Technology Parks Corporation (HKSTP) to provide technical mentorship, hardware-software co-design, system validation, manufacturability guidance and industry connections, helping startups move more efficiently from prototype development to scalable production.
The programme has already attracted strong interest from the startup community, with 27 startup teams selected to participate, reflecting growing demand for practical expertise that helps accelerate the path from AI innovation to market deployment.
As AI increasingly shifts from experimentation to large-scale deployment, EMUS Lab provides a collaborative platform where academia, startups and industry partners can accelerate AI hardware innovation across healthcare, robotics, industrial automation, smart living and smart city applications. By combining world-class research, startup innovation, engineering expertise and global supply chain capabilities within a single ecosystem, the Lab helps transform breakthrough ideas into products that can be built, scaled and deployed globally, while strengthening Hong Kong's position as a leading hub for AI hardware innovation and technology commercialization.
About Avnet
As a leading global technology distributor and solutions provider, Avnet has served customers' evolving needs for more than a century. Through regional and specialised businesses around the world, we support customers and suppliers at every stage of the product lifecycle. We help companies adapt to change and accelerate the design and supply stages of product development. With a unique viewpoint from the center of the technology supply chain, Avnet is a trusted partner that solves complex design and supply chain issues so customers can realize revenue faster. Learn more about Avnet at www.avnet.com.
About HKU Faculty of Engineering
The Faculty of Engineering is one of the founding Faculties of The University of Hong Kong established in 1912. Since its foundation, the Faculty has kept pace with developments in the engineering world and aims at providing an all-round education for students, equipping graduates not only with knowledge of cutting-edge technology, but also excellent communication and social skills, an innovation mindset, a lifelong learning attitude, professional integrity and international exposure. For more information, visit https://engg.hku.hk.
¹ Source: Deloitte, The State of AI in the Enterprise 2026: The Untapped Edge. Deloitte reports growing adoption of physical AI technologies, with more than half of surveyed organizations already using physical AI and adoption expected to increase significantly over the next two years.
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Avnet and The University of Hong Kong Open EMUS Lab to Accelerate AI Innovation and Commercialization in Hong Kong
