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Public Profile
Electrical Machinery Manufacturing
US
updated 5 months ago

Microvast Holdings, Inc.

Company website

Microvast Holdings, Inc., a leading innovator in the energy storage sector, is headquartered in the United States. Founded in 2006, the company has established a strong presence in the electric vehicle (EV) and energy storage industries, focusing on the development of advanced lithium-ion battery solutions. Microvast is renowned for its unique fast-charging battery technology, which significantly enhances the efficiency and longevity of energy storage systems. With a commitment to sustainability, the company has achieved notable milestones, including partnerships with major automotive manufacturers and a growing footprint in global markets. As a key player in the battery manufacturing landscape, Microvast continues to push the boundaries of energy technology, positioning itself as a trusted provider of high-performance battery solutions for both commercial and industrial applications.

DitchCarbon Score

How does Microvast Holdings, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

25

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Microvast Holdings, Inc.'s score of 25 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

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Microvast Holdings, Inc.'s reported carbon emissions

Microvast Holdings, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As a result, Microvast's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organization. The company may be in the early stages of developing its sustainability strategy or reporting framework. In the context of the industry, it is essential for companies like Microvast to establish clear climate commitments and reduction targets to align with global sustainability goals and enhance their environmental performance.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Microvast Holdings, Inc.'s primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Microvast Holdings, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Microvast Holdings, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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