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-1.78%
Close of 9 Nov 2026, in USD
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About Microvast Holdings
From its filings with the US Securities and Exchange Commission
Microvast Holdings is based in Stafford, Texas and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker MVST. The SEC classifies its business as miscellaneous electrical machinery, equipment & supplies. In the fiscal year to 31 December 2025, it reported revenue of $427.5m and a net loss of $29.2m. At that date it held total assets of $1.01bn and shareholders' equity of $410.5m.
Founded in 2006 and headquartered in Stafford, Texas, Microvast Holdings, Inc. (NASDAQ: MVST) is a global leader in advanced specialized battery technologies. Since our public listing in 2021, we have focused on delivering high-performance lithium-ion battery solutions for the next generation of commercial and industrial electrification. We specialize in the design, development, and manufacturing of battery components and systems primarily for electric commercial vehicles and energy storage systems (“ESS”). Our guiding principle is to innovate lithium-ion battery designs from the ground up without relying on legacy technologies. We believe that this approach allows us to create purpose-built solutions for new markets, rather than repurposing existing ones.
Our mission is to become a leader in U.S. domestic battery production, reducing reliance on overseas suppliers, and strengthening national energy independence. We believe that this mission, along with our engineering expertise, vertically integrated business model, and our focus on continuous investment in our research and development and operations, differentiates us from competitors and positions us for long-term revenue and income growth.
Quoted from its 10-K, filed 16 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 4 Jan 2017
- Employees
- 1,908
- Website
- microvast.com ↗
- Head office
- 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD, TX, 77477
- Incorporated in
- DE
- Classification
- Miscellaneous Electrical Machinery, Equipment & Supplies
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Yang WuChairman of the Board, Chief Executive Officer, since 2006$1.2m
- Ms. Isida TushePresident, General Counsel, Corporate Secretary$1.5m
- Mr. Rodney WorthenInterim Chief Financial Officer, Vice President - Corporate Strategy
- Dr. Shengxian WuChief Operating Officer$1.4m
- Dr. Wenjuan MattisChief Technology Officer$4.7m
- Ms. Yixin PanIndependent Director$79,495
- Mr. Arthur WongIndependent Director$99,999
- Mr. Wei YingIndependent Director$79,999
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 21
- Environment
- 2
- Social
- 21
- Governance
- 40
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Microvast Holdings Inc is known for its strong focus on technological innovation. The company invests significant resources in research and development, allowing it to develop advanced battery technologies that offer competitive advantages in the market.
- Microvast Holdings Inc has established a strong market position in the battery industry. The company has built a reputation for its high-quality products and has secured long-term partnerships with key customers, providing stability and a competitive edge.
Weaknesses
- A significant weakness for Microvast Holdings Inc is its heavy dependence on the electric vehicle (EV) industry. Any slowdown or disruptions in the EV industry can directly impact the company's revenue and profitability, making it vulnerable to market fluctuations.
- Microvast Holdings Inc operates primarily in select regions, limiting its geographic presence. The company's growth potential may be constrained by its limited reach, as it may miss out on opportunities in untapped markets.
Opportunities
- The increasing focus on sustainability and environmental concerns has led to favorable government policies supporting the growth of the electric vehicle market. Microvast Holdings Inc can leverage these policies to expand its market share and increase revenue.
- The demand for electric vehicles is projected to continue growing in the coming years. As a leading provider of advanced battery technologies, Microvast Holdings Inc is well-positioned to capitalize on this trend and meet the increasing demand for high-performance batteries.
Threats
- The battery industry is highly competitive, with numerous players vying for market share. Microvast Holdings Inc faces the threat of intense competition from both established companies and new entrants who may offer similar or superior battery solutions.
- Microvast Holdings Inc relies on various raw materials to manufacture batteries, and fluctuations in the prices of these materials can impact the company's profitability. Volatile materials prices pose a significant threat to the company's financial stability and cost management.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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