Reported 1 day ago
Microvast Holdings Inc. (NASDAQ:MVST) is positioning itself as a leading investment in the energy storage sector, driven by the shift towards electrification and increased electric vehicle adoption. The company is scaling its production by expanding its Huzhou facility to enhance its lithium-ion battery manufacturing capabilities, forecasting an 18% to 25% revenue growth in 2025. With improvements in profitability and cost efficiencies from its integrated business model, Microvast represents a strong growth opportunity in the next-generation energy landscape.
Source: YAHOO