Microvast Competitors and Similar CompaniesClear all

Microvast's competitors and similar companies include Northvolt.
Microvast
Microvast
Microvast Holdings is a manufacturer of lithium-ion batteries.
Northvolt
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
2016
Type
Type
Public
Type
Private
Tags
Locations
Locations
Stafford, US HQ
Huzhou, CN
Berlin, DE
Ludwigsfelde, DE
London, GB
Swanley, GB
Clarksville, US
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Locations
Stockholm, SE HQ
Heide, DE
Fredrikstad, NO
Gdańsk, PL
Setubal, PT
Gothenburg, SE
Skellefteå, SE
see more
Employees
Employees
1,9214% decrease
Employees
1,9575% increase
Valuation ($)
Valuation ($)
67.1 m
Valuation ($)
12 b

Financial

Revenue (est.)
Revenue (est.)
$427.5m (FY, 2025)
Revenue (est.)
$128.3m (FY, 2023)
Gross profit
Gross profit
$122.1m (FY, 2025)
Gross profit
($562.3m) (FY, 2023)
Net income
Net income
($29.2m) (FY, 2025)
Net income
($1.2b) (FY, 2023)

Funding

Total funding raised
Total funding raised
$ 450m
Total funding raised
$ 4.4b
For sources of this data, please see the company profile

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Northvolt
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.

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