MICROVAST HOLDINGS INC (MVST)
Industrials · Battery technology and advanced battery systems · NASDAQ
Vertically integrated lithium-ion battery specialist providing ultra-fast charging, long-cycle-life battery systems for electric commercial vehicles and grid-scale energy storage.
What MICROVAST HOLDINGS INC does
Microvast Holdings is a global leader in advanced lithium-ion battery technologies, specializing in the design, development, and manufacturing of battery components and systems for electric commercial vehicles and energy storage systems. The company employs a vertically integrated approach spanning core cell materials, cells, modules, packs, thermal management systems, and intelligent battery management systems. Founded in 2006 and headquartered in Stafford, Texas, Microvast focuses on delivering high-performance, purpose-built battery solutions that enable ultra-fast charging, high energy density, long cycle life, and enhanced safety for commercial transportation and energy storage applications.
Themes: ["EV battery technology / lithium-ion","Energy storage systems / grid-scale","Electric commercial vehicles","Ultra-fast charging","Domestic battery manufacturing / supply chain localization","Long-duration energy storage","High cycle-life batteries","Rail electrification"]
Fundamentals
- Price$1.09 as of 2026-07-09 close
- Market cap$360M as of 2026-07-10
- 1-year return-67.6% as of 2026-07-09 close
- Net margin-11.5% as of 2026-07-10
- Gross margin+35.2% as of 2026-07-10
- ROE-10.8% as of 2026-07-10
- Debt / equity0.66 as of 2026-07-10
- Revenue growth (YoY)-10.4% as of 2026-07-10
- Revenue CAGR (3y)+27.9% SEC XBRL
- Beta3.59 as of 2026-07-10
Key risks (from latest filing)
["Going concern risk and challenges in achieving profitability amid negative net margins and declining revenues","Manufacturing capacity and mass production execution risks, including quality control issues and inability to control manufacturing costs","Heavy dependence on limited customer base and concentrated OEM relationships; risk of order adjustments, cancellations, or loss of significant customers"]
Competitors & peers
- CATL (Contemporary Amperex Technology)
- LG Energy Solution
- Panasonic (PCRFY)
- Samsung SDI
- BYD (battery division)
- SK Innovation
- Northvolt
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.