Microvast overview

Industry
Energy Storage
Revenue
Headquarters
Employees
1,359
Founded In
Website
Organization Type
Public
Social Media
Microvast is an energy company that designs, develops, and manufactures ultra-fast charging, long-life battery power systems with superior safety for electric vehicles. Specifically designed to address the critical constraints currently facing electric vehicle development, its electric vehicle battery system solution paves the way for mass adoption of electric vehicles. The company is continuously working towards our Clean City Transit (CCT) solution, finding ways to provide economical, fully electric urban transportation applications. In addition to electric bus applications, Microvast has also expanded its business to serve other markets, such as electrified trucks, mining processes, and grid-scale energy storage. The company was founded in 2006 and is headquartered in Stafford, Texas.
The average employee at Microvast makes $83,109 per year, which is competitive for its industry and location. Some of its highest paying competitors, Farasis Energy, EnerDel, and Boston-Power, pay $92,510, $87,435, and $81,441, respectively.
A large energy company with 1,359 employees and an annual revenue of $204.0M, Microvast is headquartered in Texas.

Microvast's Mission Statement

Microvast is a fast-growing market leader in design, development and manufacturing of ultra-fast charging, long-life battery power systems with superior safety for electric vehicles.

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5.0/5

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Average salary at Microvast
$83,109 yearly

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The team at Microvast

  • The founders of Microvast are Wu Yang, Diaokun Xiao and Xiang Li.
  • The key people at Microvast are Wu Yang, Diaokun Xiao and Xiang Li.
Key People
Wu Yang
Diaokun Xiao
X
Xiang Li

Microvast Rankings

Microvast is ranked #15 on the Best Companies to Work For in Stafford, TX list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Microvast salaries

9.1
Salary Score
The average a Microvast salary in the United States is $83,109 per year. Microvast employees in the top 10 percent can make over $164,000 per year, while Microvast employees at the bottom 10 percent earn less than $41,000 per year.
Average Microvast Salary
$83,109
yearly
$39.96 hourly
Updated March 14, 2024

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Microvast Financial Performance

7.8
Performance Score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Microvast currently has 204.5M in revenue. Microvast's most recent quarter produced 75.0m (q2'2023).

Microvast annual revenue

$204M
$164M
$123M
$82M
$41M
$0
2020
2021
2022

Highest paying Microvast competitors

Compare Microvast salaries to competitors, including Farasis Energy, EnerDel, and Boston-Power. Employees at Farasis Energy earn the highest average yearly salary of $92,510. The salaries at EnerDel average $87,435 per year, and the salaries at Boston-Power come in at $81,441 per year.

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Zippia gives an in-depth look into the details of Microvast, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Microvast. The employee data is based on information from people who have self-reported their past or current employments at Microvast. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Microvast. The data presented on this page does not represent the view of Microvast and its employees or that of Zippia.

Microvast may also be known as or be related to Microvast and Microvast, Inc.