STAFFORD, Texas--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial results for the second quarter ended June 30, 2024 (“Q2 2024”). Results for Q2 2024 Revenue of $83.7 million, compared to $75.0 million in Q2 2023, an increase of 11.6% Gross margin increased to 32.5% from gross margin of 15.3% in Q2 2023;...
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