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Microvast logo — Forward Thinking. Powering Now.™

Microvast

Forward Thinking. Powering Now.™

Founded 2006 United States Stafford, United States 170 employees Post Ipo Debt Total: $1.20B Consumer Electronics, ESG +2

General Information

Company Name Microvast
Founded Year 2006
Location United States Stafford, United States +3
Employees 170
Industries Consumer Electronics, ESG, Manufacturing +1
Funding Stage Post Ipo Debt
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About Microvast

Microvast Holdings, Inc. (Nasdaq: MVST), with the slogan "Forward Thinking. Powering Now.™," has established itself as a global leader in the design, development, and manufacture of battery solutions since its founding in 2006 in Stafford, Texas. The company's expertise lies in providing a diverse portfolio of fast-charging lithium-ion battery solutions tailored to meet the specific needs of its customer base across various industries including Consumer Electronics, Manufacturing, and Energy Storage. Renowned for its cutting-edge cell technology and vertical integration capabilities, Microvast has differentiated itself by offering solutions that range from core battery chemistry to modules and packs. Over the years, the company has expanded its reach beyond electric buses to serve a broad spectrum of commercial, passenger, and specialty vehicles, including mining, material handling, and power vehicles, as well as grid-scale energy storage applications. Notably, the company secured a significant $200.00M grant investment on 19 October 2022 from the US Department of Energy, underscoring the recognition and support for Microvast's pioneering advancements in battery technology. To learn more about Microvast, please visit their website at www.microvast.com.

Taxonomy: battery solutions, lithium-ion technology, energy storage, electric vehicles, stationary power, industrial equipment, technology innovation, battery manufacturing, vertical integration, commercial vehicles, grid-scale applications, battery chemistry, fast-charging solutions, global leader

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt •••••• 1 •••• •••• 04 Jun 2024
Grant •••••• 1 •••• •••• 19 Oct 2022
Post-IPO Equity •••••• 4
Investor Investor
•••• •••• 		26 Jul 2021
Venture Round •••••• 3
Investor Investor Investor
20 Apr 2017
Venture Round •••••• 1 •••• •••• 18 Jul 2011

View All 6 Funding Rounds

Microvast Alternatives & Competitors

Microvast vs
ARTS Energy Mobility
ARTS Energy Mobility France

AEM - Votre partenaire batterie pour applications mobiles ou stationnaires

44 employees
Design, Industrial
Microvast vs
Fitin
Fitin

Empowering seamless battery replacement for commercial electric vehicles with innovative swap techno...

Seed
Transportation
Compare Microvast vs Fitin
Microvast vs
Shenzhen BAK Power Battery Co., Ltd.
Shenzhen BAK Power Battery Co., Ltd. China

BAK power, power the world

Corporate Round
30 employees
Manufacturing, Energy Storage
Compare Microvast vs Shenzhen BAK Power Battery Co., Ltd.
Also compare with: Microvast vs Dreamweaver International Dreamweaver International

FAQ About Microvast

Forward Thinking. Powering Now.™
Microvast was founded in 2006.
Microvast is headquartered in Stafford, United States.
Microvast operates in the following industries: Consumer Electronics, ESG, Manufacturing, Energy Storage.
Microvast has approximately 170 employees.
Microvast has completed 6 funding rounds, raising a total of $1.20B. The latest funding stage is Post Ipo Debt.
Top alternatives and competitors to Microvast include ARTS Energy Mobility, Fitin, Shenzhen BAK Power Battery Co., Ltd., Dreamweaver International, SixPack Technology Co, Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Microvast and ARTS Energy Mobility are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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