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Microvast Holdings Inc   (NASDAQ: MVST)
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Price: $1.6000 $-0.08 -4.762%
Day's High: $1.7 Week Perf: 1.91 %
Day's Low: $ 1.55 30 Day Perf: -23.81 %
Volume (M): 4,383 52 Wk High: $ 2.87
Volume (M$): $ 7,012 52 Wk Avg: $0.68
Open: $1.67 52 Wk Low: $0.15



 Market Capitalization (Millions $) 587
 Shares Outstanding (Millions) 367
 Employees 955
 Revenues (TTM) (Millions $) 371
 Net Income (TTM) (Millions $) -115
 Cash Flow (TTM) (Millions $) 26
 Capital Exp. (TTM) (Millions $) 61

Microvast Holdings Inc
Microvast Holdings, Inc. is a publicly traded advanced battery technology company headquartered near Houston, Texas, on the NASDAQ stock exchange. The company designs, develops and manufactures battery components and systems for electric commercial vehicles and utility-scale energy storage systems (ESS). Founded in 2006, the company's approach to designing lithium-ion batteries involves an innovative and creative approach without relying on past technologies. The company's mission is to use their innovative approach to create battery technologies and solutions to accelerate the adoption of electric vehicles and the integration of renewable energy sources to power the transition to a sustainable economy. The company seeks to lead the charge in establishing and securing U.S. domestic battery production to strengthen the U.S. battery manufacturing base and reduce reliance on foreign battery manufacturing. The company has developed proprietary technologies covering the entire battery system through a vertically integrated approach. In addition to expanding its production of battery systems and battery components, Microvast expects to increase its focus on producing ESS solutions to support the shift to electrification, with the goal of becoming a leading global ESS solution provider to the energy market. Microvast's recent innovation is its high-energy nickel manganese cobalt (NMC) 53.5 ampere-hour battery cell, whose performance characteristics make it an ideal solution for commercial vehicle and ESS applications. The company's three principal areas of focus are electric commercial vehicles, utility-scale ESS, and battery components.


Microvast Holdings, Inc. provides advanced battery technology solutions for various applications, including electric commercial vehicles, utility-scale energy storage systems, and battery components. The company's battery technology is suitable for utility-scale energy storage systems, which store energy during off-peak hours and discharge it during peak hours to balance the energy grid, increase grid resiliency, and provide backup power. The battery systems have high energy density, fast charging and discharging capabilities, long cycle life, and high safety, making them an ideal solution for ESS applications.

Microvast Holdings, Inc. has deployed its battery systems for several large-scale ESS projects worldwide, including a 25 MW/12.5 MWh project in the UK and a 10 MW/10 MWh project in Texas. The company has also signed agreements with utilities and ESS developers in the US and Europe for future ESS projects. Furthermore, the company supplies battery components to OEMs and battery pack integrators, including cathodes, anodes, electrolytes, and separators, and offers design and engineering services to develop custom battery solutions that meet customers' specific requirements.

Microvast Holdings, Inc.'s battery components are already being used in a wide range of applications, including electric buses, trucks, boats, and ESS projects. With the increasing demand for electric vehicles and energy storage systems, the market for the company's battery components is expected to expand significantly. The company's recent investment in high-energy NMC 53.5Ah battery cells and capacity expansions in China and the US are anticipated to drive substantial revenue growth in the future. The company's focus on innovation and vertically integrated approach places it in a prime position to lead the transition to a sustainable economy powered by renewable energy.


   Company Address: 12603 Southwest Freeway Stafford 77477 TX
   Company Phone Number: 491-9505   Stock Exchange / Ticker: NASDAQ MVST


   

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Business Update

Innovative Breakthroughs Microvast Set to Unveil Next-Gen Batteries at Smart Energy Week 2025,

Published Fri, Feb 7 2025 7:26 PM UTC

Microvast Set to Showcase Innovative Battery Technologies at Smart Energy Week 2025In a significant move for the renewable energy sector, Microvast Holdings, Inc. (NASDAQ: MVST), a prominent player in advanced battery technologies, is set to unveil its latest innovations at Smart Energy Week 2025. Scheduled to take place from February 19 to 21, 2025, at the Tokyo Big Sight ...

Business Update

Evolving Electric Commercial Vehicles Microvast Unveils Cutting-Edge Battery Technology at IAA Transportatio...

Published Mon, Sep 16 2024 6:47 PM UTC

Microvast Powers the Next Generation of Electric Commercial Vehicles with Groundbreaking Battery Technology at IAA Transportation 2024 Stafford, Texas & Hannover, Germany In a significant stride towards transforming the transportation industry, Microvast Holdings, Inc. (NASDAQ: MVST) unveiled its state-of-the-art battery solutions that are set to redefine the landscape of ...

Business Update

Microvast Unveils Revolutionary Energy Storage System and Ventures into Electric Boat Market with Evoy Partnership,

Published Thu, Aug 8 2024 2:47 PM UTC

Microvast Unveils Next-Generation Energy Storage Solution and Expands into Electric Boat Market STAFFORD, Texas Microvast Holdings, Inc. (NASDAQ: MVST) continues to solidify its reputation as a frontrunner in lithium-ion battery innovation by unveiling its latest product and entering a groundbreaking partnership. While the introduction of the new ME6 energy storage system (...

Business Update

Microvast and eVersum Celebrate Four Years of Advancing Electric Mobility with High-Performance Battery Systems ...

Published Mon, Jul 1 2024 2:47 PM UTC

Microvast and eVersum Partnership: Four Years of Supplying High-Performance Battery Systems for Autonomous eShuttle BusesMicrovast Holdings, Inc. has recently celebrated a significant milestone, completing four years of supplying high-performance low floor battery packs to eVersum mobility solutions GmbH. As a technology innovator specializing in lithium-ion battery solution...

Business Update

Microvast and Evoy Spearhead Sustainable Transformation in the Electric Boat Industry

Published Mon, Jun 24 2024 4:47 PM UTC

Microvast Holdings, a renowned technology innovator in the realm of lithium-ion battery solutions, has recently marked a significant milestone in its foray into the electric boat segment. The Texas-based company has entered into a groundbreaking strategic partnership with Evoy, a Norwegian firm known for its expertise in high-output electric motor systems designed specifica...







Microvast Holdings Inc's Segments
People s Republic of China PRC    28.32 % of total Revenue
Other Asia Pacific countries    10.41 % of total Revenue
Asia Pacific    38.73 % of total Revenue
Europe    58.66 % of total Revenue
U S    2.61 % of total Revenue





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