Microvast Reports Third Quarter 2022 Financial Results

HOUSTON–(BUSINESS WIRE)–Nov. 10, 2022– Microvast Holdings, Inc. (NASDAQ:MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial results for the third quarter ended September 30, 2022 (“Q3 2022”). “We are pleased with our third quarter performance, delivering year-over-year revenue growth despite continuing difficult market conditions in Europe, customer … Continued

Microvast and Handling Solutions Provider Kalmar Extend Partnership Through 2026

HOUSTON–(BUSINESS WIRE)–Nov. 7, 2022– Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the extension of its supply and purchase agreement with Kalmar. Kalmar Reachstacker powered by Microvast batteries. Source: Kalmar Kalmar, part of Cargotec, offers a wide range of cargo handling solutions and services to ports, terminals, distribution centers … Continued

Microvast and General Motors Selected by the U.S. Department of Energy for a $200 Million Grant

HOUSTON–(BUSINESS WIRE)–Nov. 2, 2022– A wholly-owned subsidiary of Microvast Holdings, Inc. (NASDAQ: MVST) was selected by the U.S. Department of Energy (DOE) in collaboration with General Motors to receive a $200 million grant as part of the first set of projects funded by President Biden’s Bipartisan Infrastructure Law. Over 200 companies applied for $2.8 billion in DOE grant funding and 20 companies were awarded grants. … Continued

Microvast Schedules Third Quarter Earnings Call

HOUSTON–(BUSINESS WIRE)–Oct. 20, 2022– Microvast Holdings, Inc. (NASDAQ: MVST), (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, will issue a press release reporting its consolidated financial results for the third quarter of 2022 after market close on Thursday, November 10, 2022. Following the earnings press release, Microvast management will host a webcast and … Continued

Microvast’s Energy Division Launches New Energy Storage System (ESS) With Industry Leading 4.3MWh Energy Density Per Container

HOUSTON–(BUSINESS WIRE)–Oct. 17, 2022– Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the launch of its inaugural battery energy storage system, the ME-4300-UL ESS Container (the “ESS Container”). Prototype Rendering – Microvast ESS Container (Photo: Business Wire) ESS Container Features & Highlights The ESS Container is designed … Continued

Microvast Joins Consortium Led by Shell to Drive Decarbonisation of Mining Industry

HOUSTON–(BUSINESS WIRE)–Oct. 14, 2022– Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced its participation in a mining industry electrification consortium led by Shell. The consortium’s pilot offering of electrification solutions for off-road mining vehicles aims to advance the electrification of mining sites and reduce emissions by shifting … Continued

Microvast Announces New Energy Division

HOUSTON–(BUSINESS WIRE)–Oct. 3, 2022– Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the launch of its new energy division. Microvast Energy designs, develops and manufactures Battery Energy Storage Systems (BESS) that are co-located with solar solutions using Microvast’s proven battery technology. The engineering, sales, marketing and customer … Continued

Microvast makes batteries smarter and safer: New battery management system BMS 5.0 improves safety and extends battery lifetime

Microvast’s new BMS 5.0 is a smart device increasing battery lifetime. BMS 5.0 meets automotive functional safety “ISO 26262” and automotive cybersecurity “ISO 21434” standards. Fully configurable for all Microvast cell chemistries and battery characteristics. STAFFORD, Texas–(BUSINESS WIRE)–Sep. 19, 2022– Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the fifth generation … Continued

Turn-Key Solutions Tailored for Commercial Vehicles: Microvast introduces next-generation battery products with leading-edge energy density and power performance

New battery packs offer customers turn-key solutions (MV-B, MV-C upgraded Gen 4 and MV-I pack) Microvast offers one-stop shop from cell to pack, ideal for various commercial and specialty vehicle applications STAFFORD, Texas–(BUSINESS WIRE)–Sep. 19, 2022– Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, introduces new battery packs for its … Continued

Microvast Reports Second Quarter 2022 Financial Results

STAFFORD, Texas–(BUSINESS WIRE)–Microvast Holdings, Inc. (NASDAQ:MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial results for the second quarter ended June 30, 2022 (“Q2 2022”). “Second quarter revenue performance of $64.4 million is a solid achievement, especially considering our main export hub … Continued