Energy Vault publishes shareholder letter following recent visit to Asia and site of the first EVx Gravity Storage System

Energy Vault | 25 April 2023

LUGANO, Switzerland & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, today announced it has published a shareholder letter from Chairman and Chief Executive Officer, Robert Piconi, outlining details of a recent visit to China and Mongolia.

This letter provides updates on the first deployment of the Company’s groundbreaking EVx™ gravity energy storage system in China along with exciting developments on management’s engagement with key stakeholders during the visit, including political, investment, and corporate officials.

To read the shareholder letter titled “From Rudong to Beijing to Mongolia: My Insights from Energy Vault's Recent Trip to China and the site of the first EVx gravity energy storage system” please follow the link here or visit www.energyvault.com.

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