Microvast Competitors and Similar CompaniesClear all
Microvast's competitors and similar companies include Nuvve and Northvolt.
 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 2010 | Founding Date 2016 |
Type | Type Public | 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 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 4716% decrease | Employees 1,9575% increase |
Valuation ($) | Valuation ($) 67.1 m | Valuation ($) 2.6 m | Valuation ($) 12 b |
Financial | |||
Revenue (est.) | Revenue (est.) $427.5m (FY, 2025) | Revenue (est.) $4.8m (FY, 2025) | Revenue (est.) $128.3m (FY, 2023) |
Gross profit | Gross profit $122.1m (FY, 2025) | Gross profit N/A | Gross profit ($562.3m) (FY, 2023) |
Net income | Net income ($29.2m) (FY, 2025) | 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 $ 4.4b |
For sources of this data, please see the company profile
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Nuvve
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