Microvast (NASDAQ:MVSTW) Inc. is a global developer and manufacturer of advanced lithium-ion battery technologies and energy storage solutions. The company specializes in designing, testing and producing fast-charging battery cells, modules and packs that serve a variety of industries, including electric buses, commercial trucks, passenger vehicles, micro-mobility devices, stationary storage systems and specialty applications. Microvast’s battery systems are engineered for high power density, rapid charge-discharge cycles and extended cycle life, catering to markets that require reliable performance in demanding conditions.
The company’s product suite encompasses individual battery cells, modular assemblies, fully integrated battery packs and proprietary battery management systems (BMS). Microvast offers end-to-end system integration services, including thermal management, state-of-charge monitoring and diagnostics software, enabling original equipment manufacturers (OEMs) and fleet operators to accelerate their electrification programs. Its solutions are designed to meet regional and international safety and performance standards, with tailored chemistries and form factors to suit applications ranging from urban transit buses to commercial fleet vehicles and stationary grid-scale storage.
Founded in 2006 by Qichao Hu, Microvast has established research and development centers and manufacturing facilities across North America, Europe and Asia. The company is headquartered in Houston, Texas, with major production sites in Huzhou, China; Clarksville, Tennessee; and Ludwigsfelde, Germany. In 2021, Microvast completed a business combination with a special purpose acquisition company (SPAC) and began trading on the Nasdaq, marking a strategic milestone in its effort to expand global manufacturing capacity and accelerate product innovation.
Under the leadership of founder and CEO Qichao Hu, Microvast continues to invest in next-generation battery chemistries and manufacturing processes, with a focus on improving energy density, reducing system cost and shortening charging times. The company collaborates with OEMs, utilities and fleet operators around the world to support large-scale electrification projects, positioning itself as a key technology partner for the transition to a lower-carbon transportation and energy ecosystem.
