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MVST| Name | Value |
|---|---|
| Revenues | 101.4M |
| Cost of Revenue | 67.8M |
| Gross Profit | 33.6M |
| Operating Expense | 26.4M |
| Operating I/L | 7.2M |
| Other Income/Expense | 6.1M |
| Interest Income | 0.2M |
| Pretax | 13.2M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | 13.2M |
Microvast Holdings, Inc. specializes in designing, developing, and manufacturing battery systems for electric vehicles and energy storage. The company offers various cell chemistries including lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt versions 1 and 2, as well as battery components such as cathodes, anodes, electrolytes, and separators. Its primary revenue streams come from providing battery solutions for commercial vehicles, covering a wide range of applications including buses, trains, mining trucks, marine and port vehicles, automated guided vehicles, and light, medium, and heavy-duty trucks in the United States and internationally.
