MVST's Expansion in China: How Does This Play for Customer Demand?

Key Takeaways MVST expanded Huzhou capacity by 2 GWh to produce its high-energy NMC 53.5 Ah cell technology.The capacity expansion supports top-line growth, with Q2 revenues up 9.2% y/y.Risks include equipment delays and tariff issues if exports target the U.S. market.Microvast Holdings (MVST) is a long-standing player in the China market. Its current Huzhou Phase 3.2 expansion strategy is key to its growth strategy in this region. This strategy has boosted manufacturing capacity in Huzhou by 2 GWh to manuf ...