Electric vehicle battery market
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Microvast's Revenues Escalate: Can it Sustain This Trajectory?
ZACKSยท 2025-11-18 17:01
Key Takeaways Microvast posts 21.6% YoY and 35% sequential Q3 revenue growth, driven by rising battery demand.MVST sees EMEA contribute 64% of revenues, boosted by its focus on European transport and a SKODA tie-up.Microvast targets $450-$475M in 2025 revenue as global expansion and capacity upgrades support momentum.Microvast Holdings (MVST) registered 21.6% year-over-year and 35% sequential growth in its top line during the third quarter of 2025. It is certainly an impressive feat achieved post the sequen ...