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Microvast Holdings Inc MVST

Microvast Holdings, Inc. is an advanced battery technology company. It designs, develops and manufactures battery components and systems for electric commercial vehicles and utility-scale energy storage systems (ESS). It has developed proprietary technologies spanning the entire battery system, from basic cell materials (cathode, anode, electrolyte, separator) to cooling systems and software controls. It develops and commercializes a range of cell chemistries, including lithium titanate oxide (LTO), lithium iron phosphate (LFP), nickel manganese cobalt version 1 (NMC-1) and nickel manganese cobalt version 2 (NMC-2). It designs, develops and manufactures battery solutions for electric commercial vehicles, such as light, medium and heavy-duty trucks, buses, trains, mining trucks, marine and port vehicles, automated guided and specialty vehicles. Its products are marketed and sold through three regions: Europe, Middle East and Africa; North and South America, and Asia & Pacific.


NDAQ:MVST - Post by User

Post by ecolo101on Nov 16, 2024 10:00am
26 Views
Post# 36316351

Just wow, was not expecting this at all

Just wow, was not expecting this at all
Highly happily surprised by this quarter.
year to date numbers are not there at all but on a quarter by quarter basis if they keep the paste of this recent quarterly results, there is hope that they will not face chapter 11 as I wrote previously...
Liquidity not very high but if they sell at profit then maybe controlling their cost they can navigate the storm 
this big jump at least save my bet for a while.
glta
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