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Microvast Holdings, Inc. (MVST) stock declined over -4.17%, trading at $1.38 on NASDAQ, down from the previous close of $1.44. The stock opened at $1.42, fluctuating between $1.37 and $1.47 in the recent session.
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.
Employees | 2006 |
Beta | 2.21 |
Sales or Revenue | $306.62M |
5Y Sales Change% | -0.997% |
Fiscal Year Ends | December |
Sector | Industrials |
Industry | Electrical Equipment & Parts |