Microvast Stock Surges on Strong Quarterly Performance and Expansion Plans

Shares of Microvast Holdings have demonstrated remarkable upward momentum in recent trading sessions, fueled by impressive quarterly results and significant advancements in battery technology. The company’s performance highlights its ongoing transformation within the rapidly evolving electric vehicle and energy storage sectors.

Microvast reported record second-quarter 2025 revenue of $91.3 million, representing a 9.2 percent year-over-year increase. More notably, the company achieved a gross margin of 34.7 percent, up from 32.5 percent in the same quarter last year. While Microvast posted a GAAP net loss of $106.1 million, it reached a positive adjusted EBITDA of $25.9 million. This figure marks a substantial improvement from the negative $78.4 million adjusted EBITDA recorded in the second quarter of 2024.

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