Microvast Stock (NASDAQ:MVST)
Previous Close
$0.62
52W Range
$0.15 - $1.55
50D Avg
$0.27
200D Avg
$0.45
Market Cap
$187.81M
Avg Vol (3M)
$23.23M
Beta
1.72
Div Yield
-
MVST Company Profile
Microvast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2.It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port applications, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks in the United States and internationally. The company was incorporated in 2006 and is based in Stafford, Texas.
MVST Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Europe | $84.36M | $15.81M | $19.54M |
| INDIA | $60.61M | $47.32M | $17.80M |
| ITALY | $56.59M | $6.39M | - |
| Other European Countries | $24.26M | $5.44M | - |
| PRC | $156.48M | $132.47M | - |
| UNITED STATES | $3.13M | $3.65M | - |
| Asia Pacific | $219.13M | $185.03M | $131.52M |
| OtherMember | - | - | $918.00K |
| OtherCountriesOneMember | - | - | $8.16M |
| OtherCountriesMember | - | - | $8.17M |
| PeoplesRepublicOfChinaMember | - | - | $93.33M |
Fiscal year ends in Dec 23 | Currency in USD