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Microvast designs and develops chemical energy storage systems. Read more

44 Followers on Owler
44 Followers on Owler
44 Followers on Owler
44 Followers on Owler

Microvast designs and develops chemical energy storage systems. Read more

Yang Wu's photo - CEO of Microvast

CEO

Yang Wu

CEO Approval Rating

69/100

Founded:

2006

Status:

PrivateIndependent Company

SIC Code:

3577 NAICS listing »

3576 NAICS listing »

3575 NAICS listing »

3600 NAICS listing »

Est. Annual Revenue
Est. Employees
Sector
Computers, Peripherals, Networking and Electronic Equipment
Headquarters

TOP COMPETITORS OR ALTERNATIVES

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Microvast's top 8 competitors are 24M, A123, EnerDel, BeVault, XALT Energy, Lithiumstart, Aquion Energy and EaglePicher. Together they have raised over 836.2M between their estimated 4.0K employees. Microvast's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 102.3M. Microvast has 2,500 employees and is ranked 1st among it's top 10 competitors. The top 10 competitors average 718.

24M is one of Microvast's top rivals. 24M is a Private company that was founded in 2010 in Cambridge, Massachusetts. Like Microvast, 24M also works within the Computers, Peripherals, Networking and Electronic Equipment industry. Compared to Microvast, 24M has 2,393 fewer employees.

A123 is seen as one of Microvast's biggest rivals. A123 was founded in 2001 in Hangzhou, Zhejiang Province. A123 competes in the Electrical & Electronics goods industry. A123 generates $495M more revenue than Microvast.

EnerDel is one of Microvast's top competitors. EnerDel was founded in 2004, and its headquarters is in Indianapolis, Indiana. EnerDel is in the Storage Technology industry. EnerDel has 2,020 fewer employees than Microvast.

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Growth Score - 1/1

Is 2,500 a good estimate for Microvast's Employee count?

I don't know

Trending News for Microvast and Microvast's Competitors

January 22, 2021

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LOS ANGELES-(BUSINESS WIRE)-$EOSE #investors-The Law Offices of Frank R. Cruz continues its investiga... See more »

January 22, 2021

MarketScreener

Glancy Prongay & Murray LLP :, a National Class Action Law Firm, Continues Investigation of Eos Energy Enterprises, Inc. (EOSE) on Behalf of Investors

(marketscreener.com) Glancy Prongay & Murray LLP , a national investor rights law firm, continues its... See more »

January 22, 2021

Picante Today

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Eos Energy Enterprises, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

LOS ANGELES-(BUSINESS WIRE)-$EOSE #EOSE-The Schall Law Firm, a national shareholder rights litigation... See more »

Acquisitions

No recent acquisitions found related to Microvast

Microvast Funding History

$50M$50.1M

Since Microvast was founded in 2006, it has participated in 2 rounds of funding. In total Microvast has raised $50.1M. Microvast's last funding round was on Apr 2020 for a total of $150.0K

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$150K - $350K

U.S. Small Business Administration.

Equity
Jul 2011
$50M

Total Funding: $50.1M

Since Microvast was founded in 2006, it has participated in 2 rounds of funding. In total Microvast has raised $50.1M. Microvast's last funding round was on Apr 2020 for a total of $150.0K

Investments

No recent investments found related to Microvast

Microvast News

December 6, 2019MarketScreener

Microvast Wins the Prestigious R&D100 Award

(marketscreener.com) STAFFORD, Texas, Dec. 06, 2019 (GLOBE NEWSWIRE) -- Microvast, Inc., a technology... See more »
November 21, 2019Evertiq

Another battery production facility to be built in Germany

A new production facility for electric vehicle power solution provider, Microvast GmbH, is to be cons... See more »
November 19, 2019Reuters

CNH Industrial and Microvast hatch joint plan to develop vehicle batteries

CNH Industrial's engines business FPT Industrial has signed a preliminary agreement to develop and of... See more »
October 10, 2017Metro Magazine

Microvast launches next-generation batteries for electric-mobility applications

The technology offers 41% greater energy density than the company's previous generation (LpCO) batter... See more »
June 28, 2017Metro Magazine

Microvast battery systems power electric shuttle buses at Kazakhstan Expo

With its ultra-fast charge characteristics, electric buses equipped with Microvast battery systems ca... See more »
April 24, 2017Texas TechPulse

Microvast Raises $400M

Microvast Power Systems, a subsidiary of Microvast, a company jointly headquartered in Stafford, Texa... See more »
April 20, 2017Asian Venture Capital Journal

VCs join $400m round for China, US-based EV player

CITIC Securities has led a $400 million funding round - with participation from CDH Investments and N... See more »

Microvast Press Releases

Social Media

Headquarters

12603 Southwest Fwy Ste 210 Suite 210

Stafford, Texas77477

1-281-491-9505

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Microvast designs and develops chemical energy storage systems. Microvast was founded in 2006. Microvast's headquarters is located in Stafford, Texas, USA 77477. It has raised 50.1M in 2 rounds. The latest round was in Apr 2020. Some of Microvast's in...

CEO

Microvast's CEO, Yang Wu, currently has an approval rating of 69%. Microvast's primary competitors are 24M, A123 & EnerDel.

Website

microvast.com

Frequently Asked Questions about Microvast

  1. When was Microvast founded?

    Microvast was founded in 2006

  2. Who is Microvast's CEO?

    Microvast's CEO is Yang Wu

  3. How much revenue does Microvast generate?

    Microvast generates $5M in revenue

  4. How much funding does Microvast have?

    Microvast has historically raised $50.1M in funding

  1. Where is Microvast's headquarters?

    Microvast's headquarters is in Stafford Texas, USA

  2. How many employees does Microvast have?

    Microvast has 2,500 employees

  3. What sector does Microvast operate in?

    Microvast is in Computers, Peripherals, Networking and Electronic Equipment

  4. Who are Microvast's competitors?

    Microvast's top competitors are 24M, A123, EnerDel
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