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MVSTW

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Microvast Holdings Inc

0.3498
-0.0172 (-4.69%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 0.367
Day's Range: 0.3321 - 0.3775
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When Written:
 
0.195
Microvast Holdings Inc. is a global provider of battery technologies for electric vehicles (EVs) and energy storage systems. The company was founded in 2006 and is headquartered in Houston, Texas, with additional offices and facilities in China, Germany, and the United Kingdom.

Microvast's battery technologies are designed to provide high energy density, fast charging capabilities, and long cycle life for EVs and energy storage systems. The company offers a range of battery products, including lithium-ion batteries for passenger cars, commercial vehicles, and buses, as well as stationary storage systems for residential, commercial, and industrial applications.

Microvast has partnerships with several leading automotive manufacturers and has supplied batteries for a range of EVs, including buses, trucks, and cars. The company has also received several awards for its battery technology, including the Frost & Sullivan 2020 Global Company of the Year Award for Lithium-ion Batteries for Electric Vehicles.

In 2021, Microvast announced plans to go public through a merger with a special purpose acquisition company (SPAC) called Tuscan Holdings Corp. The merger is expected to be completed in the second quarter of 2021, and the combined company will be listed on the NASDAQ under the ticker symbol "MVST."

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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