Microvast Holdings, Inc.
MVSTW
NASDAQ Global Select0.01
USD
+0.00
- -
CIK
0001760689
ISIN
US59516C1146
CUSIP
59516C114
Return %
Stock
S&P500
1Y
-96.49
26.53
3Y
-95.11
76.60
5Y
-99.58
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Yang Wu
- Full Time Employees
- 1,921
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- 12603 Southwest Freeway Stafford DE United States of America 77477
- IPO Date
- Mar 27, 2019
- CIK
- 0001760689
- Website
- microvast.com
- Similar Companies
- Business
- Microvast Holdings, Inc. specializes in the design, development, and manufacture of fast-charging lithium-ion battery solutions primarily for commercial electric vehicles and energy storage systems. The company's core product portfolio includes high-performance battery cells such as MpCO and HnCO with advanced chemistries offering high energy density, long cycle life, fast charging capabilities, and thermal stability; battery modules with integrated battery management systems for commercial vehicle OEMs and energy storage integrators; and complete battery packs/systems tailored for electric buses, trucks, specialty vehicles, and grid storage applications. Microvast also develops proprietary battery components including separators and electrolytes as part of its vertically integrated manufacturing process spanning research, chemistry R&D, cell assembly, and pack integration across facilities in China (Huzhou), Germany (Ludwigsfelde), and the United States (Clarksville, Tennessee), where it is expanding capacity aimed at the North American commercial EV market. Founded in 2006 and headquartered in Stafford, Texas, Microvast has evolved to become a global leader in advanced battery technologies focused on clean energy solutions for transportation and stationary storage. The company operates with a strong emphasis on innovation reflected in its portfolio of over 775 patents, and its technology strategy uniquely balances immediate revenue generation from established lithium-ion lines with concurrent advances in all-solid-state battery (ASSB) technology, advancing separator membranes and silicon-enhanced cells for longevity and safety. Recent major developments include a strategic $125 million equity raise in late 2025 to fund capacity expansions and new product launches, the unveiling of next-generation MV-B and MV-C battery packs that deliver approximately 20% more energy and power in similar dimensions with high compatibility for existing powertrains, and the advancement of a breakthrough all-solid-state battery technology enhancing ionic conductivity and durability. Financially, Microvast reported significant revenue growth with a 2025 year-to-date revenue around $331 million, up over 24% year-over-year, and improved profitability metrics including positive adjusted EBITDA and expanding gross margin targets of 32-35%. The company continues scaling production in key facilities such as the Huzhou Phase 3.2 and Clarksville sites and is securing strategic OEM partnerships internationally, particularly targeting growth in the commercial vehicle sector across North America, Europe, and Asia. Microvast operates primarily within the clean energy storage and electric vehicle battery sectors, serving commercial fleets, specialty vehicles, and grid energy markets globally. It leverages a vertically integrated business model to maintain control over the entire battery supply chain and is focused on enhancing sustainability, cost efficiency, and product customization to meet diverse application requirements. In summary, Microvast Holdings, Inc. is a publicly traded Nasdaq-listed innovator headquartered in Texas, with a global manufacturing and commercial footprint, delivering advanced lithium-ion and next-generation battery solutions for electrified transportation and energy storage, supported by recent strategic capital raises, product innovations, and operational expansions to drive future growth in the electrification ecosystem.