STAFFORD, Texas, May 13, 2025 (GLOBE NEWSWIRE) -- Microvast Holdings, Inc. (NASDAQ:MVST) ("Microvast" or the "Company"), a global leader in advanced battery technologies, will highlight its comprehensive suite of high-performance battery products at the 17th China International Battery Fair (CIBF 2025) at the Shenzhen World Exhibition and Convention Center from May 15th to 17th, 2025. At the exhibition, Microvast will present solutions for Battery Energy Storage Systems (BESS), commercial vehicles, construction machinery, and specialized vehicles. Key highlights will include the fast-charging HpTO, MpCO, and HpCO series, achieving 80% charge in 15-20 minutes under standard power condition

Record company Q1 revenue, increased 43.2% year over year to $116.5 millionGross margin increased from 21.2% to 36.9%, a 15.7 percentage point improvement year over year STAFFORD, Texas, May 12, 2025 (GLOBE NEWSWIRE) -- Microvast Holdings, Inc. (NASDAQ:MVST) ("Microvast" or the "Company"), a global leader in advanced battery technologies, announced today its unaudited condensed consolidated financial results for the first quarter ended March 31, 2025 ("Q1 2025"). "Building on our strong momentum from 2024, Microvast delivered exceptional first quarter results, achieving record Q1 revenue of $116.5 million, a significant 43.2% year over year increase. This impressive top-line grow

STAFFORD, Texas, April 30, 2025 (GLOBE NEWSWIRE) -- Microvast Holdings, Inc. (NASDAQ:MVST), ("Microvast" or the "Company"), a global leader in advanced battery technologies, will issue a press release reporting its consolidated financial results for the first quarter of 2025 after market close on Monday, May 12, 2025. Following the earnings press release, Microvast management will host a webcast and earnings conference call at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) to discuss the business results and outlook. The webcast will be accessible from the Events & Presentations tab of Microvast's investor relations website at https://ir.microvast.com. A replay will be available followin

STAFFORD, Texas, April 09, 2025 (GLOBE NEWSWIRE) -- Microvast Holdings, Inc. (NASDAQ:MVST) ("Microvast" or the "Company"), a global leader in advanced battery technologies, is pleased to announce the appointment of Carl T "Pat" Schultz as its new Chief Financial Officer. Mr. Schultz brings over 20 years of financial leadership experience across diverse industries to Microvast's executive leadership team. His experience encompasses corporate accounting, budgeting, financial reporting, and analysis, all of which will be pivotal in driving growth, optimizing operations, and ensuring financial transparency. Prior to joining Microvast, Mr. Schultz spent 10 years at Air Liquide, serving most r

STAFFORD, Texas, April 08, 2025 (GLOBE NEWSWIRE) -- Microvast Holdings, Inc. (NASDAQ:MVST) ("Microvast" or the "Company"), a global leader in advanced battery technologies, announced today a collaboration with Tonly Heavy Industries to deploy their TLH135 extended-range hybrid mining trucks equipped with Microvast's high-power battery systems at a mine in Inner Mongolia. This deployment marks a significant step towards establishing a new eco-friendly mining ecosystem. The Tonly TLH135 hybrid mining trucks, customized for green mining initiatives, feature Microvast's battery systems, enabling substantial reductions in fuel consumption and emissions while maintaining robust carrying

Revenue increased 23.9% year over year to $379.8 million in FY 2024Record quarterly revenue of $113.4 million, up 8.4% year over year in Q4 2024Gross margin increased from 18.7% to 31.5%, a 12.8 percentage point improvement year over year, with Q4 2024 gross margin of 36.6% compared to 22.0% in Q4 2023 STAFFORD, Texas, March 31, 2025 (GLOBE NEWSWIRE) -- Microvast Holdings, Inc. (NASDAQ:MVST) ("Microvast" or the "Company"), a global leader in advanced battery technologies, announced today its consolidated financial results for the fourth quarter and full fiscal year ended December 31, 2024 ("Q4 2024" and "FY 2024," respectively). "We achieved record quarterly revenue in the fourth

STAFFORD, Texas, March 26, 2025 (GLOBE NEWSWIRE) -- Microvast Holdings, Inc. (NASDAQ:MVST), ("Microvast" or the "Company"), a global leader in advanced battery technologies, will issue a press release reporting its consolidated financial results for the full year and fourth quarter of 2024 after market close on Monday, March 31, 2025. Following the earnings press release, Microvast management will host a webcast and earnings conference call at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) to discuss the business results and outlook. The webcast will be accessible from the Events & Presentations tab of Microvast's investor relations website at https://ir.microvast.com. A replay will be a

Microvast Holdings, Inc. (NASDAQ:MVST) ("Microvast" or the "Company"), a global leader in advanced battery technologies, will unveil its next generation of high-performance, fast-charging battery solutions at Smart Energy Week 2025, a premier international exhibition for renewable energy in Japan, to be held at the Tokyo Big Sight exhibition center from February 19-21, 2025. The event will highlight innovations across hydrogen fuel cells, photovoltaics, energy storage, batteries, smart grids, and wind energy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250207633244/en/Microvast's ME6 BESS. (Graphic: Business Wire) Microvast's

Microvast Holdings, Inc. (NASDAQ:MVST) ("Microvast" or the "Company"), a global leader in advanced battery technologies, today announced a significant milestone in the development of its True All-Solid-State Battery (ASSB) technology. This advancement represents a key step forward in improving safety, energy density, and efficiency for critical applications such as data center backup power systems and electric school buses, while also paving the way for future innovations in robotics and other high-demand sectors such as electric vehicles. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250109553921/en/Figure 1: Cross sectional a

Record company Q3 revenue, increased 26.6% year over year to $101.4 million Gross margin increased from 22.3% to 33.2%, a 10.9 percentage point improvement year over year 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, 2024 ("Q3 2024"). Results for Q3 2024 Revenue of $101.4 million, compared to $80.1 million in Q3 2023, an increase of 26.6% Gross margin increased to 33.2% from gross margin of 22.3% in Q3 2023; Non-GAAP adjusted gross margin increased to

Janney downgraded Microvast from Buy to Neutral

Cantor Fitzgerald initiated coverage of Microvast with a rating of Overweight and set a new price target of $8.00

Janney initiated coverage of Microvast with a rating of Buy and set a new price target of $8.00

H.C. Wainwright initiated coverage of Microvast with a rating of Buy and set a new price target of $8.00

Oppenheimer initiated coverage of Microvast with a rating of Outperform and set a new price target of $8.00

Piper Sandler initiated coverage of Microvast Holdings with a rating of Neutral and set a new price target of $8.00

4 - Microvast Holdings, Inc. (0001760689) (Issuer)

4 - Microvast Holdings, Inc. (0001760689) (Issuer)

4 - Microvast Holdings, Inc. (0001760689) (Issuer)

4 - Microvast Holdings, Inc. (0001760689) (Issuer)

4 - Microvast Holdings, Inc. (0001760689) (Issuer)

4 - Microvast Holdings, Inc. (0001760689) (Issuer)

4 - Microvast Holdings, Inc. (0001760689) (Issuer)

4 - Microvast Holdings, Inc. (0001760689) (Issuer)

3 - Microvast Holdings, Inc. (0001760689) (Issuer)

4 - Microvast Holdings, Inc. (0001760689) (Issuer)