Microvast Reports Third Quarter 2024 Financial Results

STAFFORD, Texas–( SERVICE CABLE)– Microvast Holdings, Inc. (NASDAQ: MVST) (” Microvast” or the “Business”), a modern technology pioneer that develops, creates and makes lithium-ion battery options, today introduced unaudited compressed combined monetary outcomes for the 3rd quarter finished September 30, 2024 (” Q3 2024″). Outcomes for Q3 2024 Earnings of $101.4 million, contrasted to $80.1 million in Q3 2023, a rise of 26.6% Gross margin enhanced to 33.2% from gross margin of 22.3% in Q3 2

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