Microvast Holdings, Inc. is an advanced battery technology company. The Company designs, develops and manufactures battery components and systems primarily for electric commercial vehicles and utility-scale energy storage systems (ESS). The Company has developed technologies covering the entire battery system through its vertically integrated approach, from basic cell materials like the cathode, anode, electrolyte, and separator, to cooling systems and software controls for the battery pack. It develops and commercializes a range of cell chemistries, including lithium titanate oxide (LTO), lithium iron phosphate (LFP), nickel manganese cobalt version 1 (NMC-1) and nickel manganese cobalt version 2 (NMC-2). The Company provides battery solutions to various commercial vehicle applications, including light, medium, and heavy-duty trucks, buses, trains, mining trucks, marine and port vehicles, automated guided and specialty vehicles.