Microvast Competitors and Similar CompaniesClear all
Microvast's competitors and similar companies include Sono Group, SVOLT Energy Technology, Nuvve and Northvolt.
 SVOLT Energy Technology SVOLT Energy Technology (蜂巢能源科技股份有限公司) is a company specializing in the research, development, production, and sales of energy storage and battery solutions. |  Nuvve Nuvve is a company engaged in vehicle-to-grid (V2G) technology and distributed grid asset development. |  Northvolt Northvolt is a company that manufactures battery cells and systems, including lithium-ion, sodium-ion, and lithium-metal battery cells and integrated battery systems. | |||
Founding Date | Founding Date 2006 | Founding Date 2020 | Founding Date 2018 | Founding Date 2010 | Founding Date 2016 |
Type | Type Public | Type Public | Type Subsidiary | Type Public | Type Private |
Tags | |||||
Locations | Locations Stafford, US HQ Huzhou, CN Berlin, DE Ludwigsfelde, DE London, GB Swanley, GB Clarksville, US see more | Locations München, DE HQ | Locations San Diego, US HQ Kongens Lyngby, DK | Locations Stockholm, SE HQ Heide, DE Fredrikstad, NO Gdańsk, PL Setubal, PT Gothenburg, SE Skellefteå, SE see more | |
Employees | Employees 1,9214% decrease | Employees 231 | Employees 16,000416% increase | Employees 4716% decrease | Employees 1,9575% increase |
Valuation ($) | Valuation ($) 67.1 m | Valuation ($) 19.4 m | Valuation ($) N/A | Valuation ($) 2.6 m | Valuation ($) 12 b |
Financial | |||||
Revenue (est.) | Revenue (est.) $427.5m (FY, 2025) | Revenue (est.) €149k (FY, 2025) | Revenue (est.) ¥4.5b (FY, 2021) | Revenue (est.) $4.8m (FY, 2025) | Revenue (est.) $128.3m (FY, 2023) |
Cost of goods | Cost of goods N/A | Cost of goods €61k (FY, 2025) | Cost of goods ¥4.3b (FY, 2021) | Cost of goods N/A | Cost of goods $690.6m (FY, 2023) |
Gross profit | Gross profit $122.1m (FY, 2025) | Gross profit €101k (FY, 2025) | Gross profit ¥165.3m (FY, 2021) | Gross profit N/A | Gross profit ($562.3m) (FY, 2023) |
Net income | Net income ($29.2m) (FY, 2025) | Net income €4m (FY, 2025) | Net income (¥1.2b) (FY, 2021) | Net income ($31.5m) (FY, 2025) | Net income ($1.2b) (FY, 2023) |
Funding | |||||
Total funding raised | Total funding raised $ 450m | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 4.4b |
For sources of this data, please see the company profile
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Sono Group
HQ
München, DE
Employees
231
Sono Group is a group that operates an eclectic car manufacturing business.
View companySVOLT Energy Technology
HQ
Changzhou, CN
SVOLT Energy Technology (蜂巢能源科技股份有限公司) is a company specializing in the research, development, production, and sales of energy storage and battery solutions.
View companyNuvve
HQ
San Diego, US
Employees
47↓ 16% decrease
Nuvve is a company engaged in vehicle-to-grid (V2G) technology and distributed grid asset development.
View companyNorthvolt
HQ
Stockholm, SE
Employees
1,957↑ 5% increase
Northvolt is a company that manufactures battery cells and systems, including lithium-ion, sodium-ion, and lithium-metal battery cells and integrated battery systems.
View company