Microvast Holdings shares surge 20.39% intraday after reporting improved 2025 earnings with 12.6% revenue growth and 85.02% narrower net loss.

Microvast Holdings surged 20.39% intraday, driven by its 2025 annual report showing a 12.6% revenue increase to $427.5 million and an 85.02% narrower net loss of $29.22 million, alongside a significant rise in non-GAAP adjusted EBITDA to $44.7 million. The company specializes in advanced battery technology with over 810 patents, targeting electric vehicles and fixed storage systems.