Microvast Stock Surges on All-Solid-State Battery Breakthrough
Friday, Jan 10, 2025 1:18 pm ET
1min read
MVST --
Microvast Holdings, Inc. (MVST) shares surged over 42% in premarket trading on Friday, January 10, 2025, following a significant breakthrough in the company's True All-Solid-State Battery (ASSB) technology. The innovative technology, which eliminates liquid electrolytes and employs a bipolar stacking architecture, promises enhanced safety, energy density, and efficiency for various applications.
The company's proprietary all-solid separator, combined with its bipolar architecture, simplifies battery design while enhancing energy density and operational safety. This breakthrough enables higher voltage levels within a single battery cell, allowing for voltages of dozens or higher, depending on the application. The elimination of liquid electrolytes also reduces the number of interconnections between cells, modules, and packs, leading to improved energy efficiency and operational safety.