MVSTW - Microvast: Poised For Up To 50% Upside On Electrification Tailwinds

• Microvast, founded in 2006, had recently completed a SPAC merger with Tuscan Holdings, resulting in net cash proceeds of $822 million.
• The commercial EV battery maker specializes in the development and production of next-generation battery cell technology capable of faster charging times, longer useful life, lengthened range, and enhanced safety.
• Its highly vertically integrated business model enables attractive turnkey solutions to existing and potential customers, while allowing greater cost efficiencies, thus resulting in higher margins.
• MVST's proprietary battery cell technology is also cross-compatible for application beyond commercial EVs, introducing additional opportunities in adjacent high-growth market segments, including passenger EVs, energy storage solutions, and consumer electronics.
• Combined with the global urgency to decarbonize, specifically, the commercial transportation sector which currently accounts for the largest portion of GHG emissions, MVST is well-poised for promising upside potential of up to 50% ahead.

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