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Microvast Holdings
AddedMar 19, 2024
UpdatedJun 18, 2026
Microvast Holdings

Microvast Holdings

Public

Innovative lithium ion battery technology for electric vehicles and energy storage.

HQ
Stafford, TX, US
Founded
2018
Overview
Compare
Fundraising
Employees
Website

Founded in 2006 and headquartered in Stafford, Texas, Microvast Holdings, Inc. is a publicly traded company on the NASDAQ Stock Exchange (MVST). The company's core mission is to accelerate the adoption of clean energy through innovative lithium-ion battery solutions. Microvast designs, manufactures, and commercializes advanced battery components and systems for electric vehicles, energy storage, and other applications. Their market focus spans the automotive industry, heavy equipment, and energy storage systems worldwide.

Key people affiliated with Microvast include CEO Yang Wu. The company has achieved significant milestones, including generating $204.5 million in revenue in 2022 and installing numerous battery systems globally. Microvast's impact is evident in its contribution to the transition towards sustainable energy solutions, positioning itself as a leader in the battery technology sector.

Microvast Holdings - Quick Facts

When was Microvast Holdings founded?

Microvast Holdings was founded in 2018.

Where is Microvast Holdings' headquarters located?

Microvast Holdings' headquarters is located in Stafford, TX, US.

When was Microvast Holdings' last funding round?

Microvast Holdings' most recent funding round was for $200M (USD) in October 2022.

How much has Microvast Holdings raised to-date?

As of Oct 19, 2022, Microvast Holdings has raised a total of $1.2B (USD).

How many employees does Microvast Holdings have?

Microvast Holdings has 1,535 employees as of Feb 6, 2024.

Microvast Holdings - Classification

Industry
  • Hardware
Ownership
  • Public
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Software
  • Transactional
Customer
  • Enterprise
  • Government
Main Product
  • Batteries
  • Energy Storage
Tags
  • Cleantech
  • IoT
Unique IDs
  • ein: 832530757
  • secCik: 0001760689
  • ticker: MVST
  • ticker: MVSTW
NAICS
  • 440000Retail Trade
  • 441000Motor Vehicle and Parts Dealers
  • 441300Automotive Parts, Accessories, and Tire Retailers
  • 441330Automotive Parts and Accessories Retailers
SIC
  • 3690Miscellaneous Electrical Machinery, Equipment, And Supplies
  • 3714Motor Vehicle Parts And Accessories
  • 3700Transportation Equipment
  • 3710Motor Vehicles And Motor Vehicle Equipment
ISIC
  • 2511Manufacture of structural metal products
Show 17 more industry codes
NAICS
  • 332000Fabricated Metal Product Manufacturing
  • 332300Architectural and Structural Metals Manufacturing
  • 332320Ornamental and Architectural Metal Products Manufacturing
  • 332321Metal Window and Door Manufacturing
  • 335300Electrical Equipment Manufacturing
  • 335310Electrical Equipment Manufacturing
  • 330000Manufacturing
  • 335000Electrical Equipment, Appliance, and Component Manufacturing
SIC
  • 3400Fabricated Metal Products, Except Machinery And Transportation Equipment
  • 3440Fabricated Structural Metal Products
  • 3442Metal Doors, Sash, Frames, Molding, And Trim
  • 3600Electronic And Other Electrical Equipment And Components, Except Computer
  • 3900Miscellaneous Manufacturing Industries
  • 4000Railroad Transportation
  • 5000Wholesale Trade-durable Goods
  • 5900Miscellaneous Retail
  • 6700Holding And Other Investment Offices