Public Profile

Microvast Holdings, Inc.

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.

18

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.

21

Industry Benchmark

Microvast Holdings, Inc.'s score of 18 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

Microvast Holdings, Inc.'s reported carbon emissions

Microvast Holdings, Inc., headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor specific reduction targets or initiatives outlined in their climate commitments. Without concrete emissions figures or defined reduction strategies, it is challenging to assess their environmental impact or progress towards sustainability goals. However, the company operates within the electric vehicle battery sector, which is increasingly focused on reducing carbon footprints and enhancing sustainability practices. As the industry evolves, it is anticipated that Microvast will align with broader climate commitments and industry standards aimed at minimising greenhouse gas emissions.

Industry emissions intensity

Very low
Low
Medium
High
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 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. Microvast Holdings, Inc. is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

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 committed to any reduction initiatives 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

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers