Microvast Overview
- Year Founded
-
2006
- Status
-
Public
- Employees
-
1,921
- Stock Symbol
-
MVST
- Investments
-
1
- Share Price
-
$2.15
- (As of Thursday Closing)
Microvast General Information
Description
Microvast Holdings Inc is a technology innovator that designs, develops, and manufactures lithium-ion battery solutions. It is renowned for its cutting-edge cell technology and its vertical integration capabilities which extends from core battery chemistry to battery packs.
Contact Information
Website
www.microvast.comCorporate Office
- 12603 Southwest Freeway
- Suite 300
- Stafford, TX 77477
- United States
Corporate Office
- 12603 Southwest Freeway
- Suite 300
- Stafford, TX 77477
- United States
Microvast Timeline
Microvast Stock Performance
As of 24-Apr-2025, Microvast’s stock price is $2.15. Its current market cap is $696M with 324M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $2.15 | $2.33 | $0.15 - $2.87 | $696M | 324M | 6.96M | -$0.61 |
Microvast Financials Summary
As of 31-Dec-2024, Microvast has a trailing 12-month revenue of $380M.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 855,381 | 855,381 | 508,123 | 383,776 |
| Revenue | 379,801 | 379,801 | 306,617 | 204,495 |
| EBITDA | (155,656) | (155,656) | (84,455) | (137,658) |
| Net Income | (195,457) | (195,457) | (106,336) | (158,200) |
| Total Assets | 951,867 | 951,867 | 1,096,732 | 984,957 |
| Total Debt | 328,889 | 328,889 | 205,184 | 175,005 |
Microvast Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Microvast Comparisons
Industry
Financing
Details
Microvast Competitors (18)
One of Microvast’s 18 competitors is Solid Power, a Formerly VC-backed company based in Louisville, CO.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Solid Power | Formerly VC-backed | Louisville, CO | ||||
| Enovix | Formerly VC-backed | Fremont, CA | ||||
| QuantumScape Battery | Formerly VC-backed | San Jose, CA | ||||
| Eos Energy Enterprises | Formerly VC-backed | Edison, NJ | ||||
| Contemporary Amperex Technology | Formerly VC-backed | Ningde, China |
Microvast Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Microvast Patents
Microvast Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| DE-202025100386-U1 | Battery module, battery pack and electric vehicle | Active | 26-Jan-2025 | ||
| DE-202024100866-U1 | Parallel connection of batteries and electric vehicles | Active | 23-Feb-2024 | ||
| DE-202023107392-U1 | Circuit for monitoring battery temperature, battery and energy storage device | Active | 14-Dec-2023 | ||
| US-20250132372-A1 | Cell and prismatic battery | Pending | 24-Oct-2023 | ||
| US-20250125501-A1 | Connecting piece and battery structure | Pending | 11-Oct-2023 | H01M50/533 |
Microvast Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Microvast Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Microvast Acquisitions (1)
Microvast’s most recent deal was a Merger/Acquisition with Tuscan Holdings for . The deal was made on 23-Jul-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Tuscan Holdings | 23-Jul-2021 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) |
Microvast ESG
Risk Overview
Risk Rating
Updated October, 26, 2023
28.96 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,109
Rank
Percentile
Electrical Equipment
Industry
of 310
Rank
Percentile
Electrical Equipment
Subindustry
of 310
Rank
Percentile
Microvast FAQs
-
When was Microvast founded?
Microvast was founded in 2006.
-
Where is Microvast headquartered?
Microvast is headquartered in Stafford, TX.
-
What is the size of Microvast?
Microvast has 1,921 total employees.
-
What industry is Microvast in?
Microvast’s primary industry is Electrical Equipment.
-
Is Microvast a private or public company?
Microvast is a Public company.
-
What is Microvast’s stock symbol?
The ticker symbol for Microvast is MVST.
-
What is the current stock price of Microvast?
As of 24-Apr-2025 the stock price of Microvast is $2.15.
-
What is the current market cap of Microvast?
The current market capitalization of Microvast is $696M.
-
What is Microvast’s current revenue?
The trailing twelve month revenue for Microvast is $380M.
-
Who are Microvast’s competitors?
Solid Power, Enovix, QuantumScape Battery, Eos Energy Enterprises, and Contemporary Amperex Technology are some of the 18 competitors of Microvast.
-
What is Microvast’s annual earnings per share (EPS)?
Microvast’s EPS for 12 months was -$0.61.
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