Microvast, Inc. together with its subsidiaries designs and manufactures fast-charging battery power systems for commercial and specialty electric vehicles. The company provides NCM, LiFePO4, and rapid charge battery technologies. t offers sales lithium-ion battery materials, battery cells, and systems for hybrid-electric vehicles. The company was founded in 2006 and is based in Stafford, Texas. It has an additional manufacturing center in Shanghai, China; and additional offices in Frankfurt am Main, Germany and Swanley, United Kingdom.