Followers | 78 |
Posts | 2574 |
Boards Moderated | 1 |
Alias Born | 12/04/2020 |
Sunday, December 19, 2021 10:56:50 AM
Bullet points directly from Microvast execs on the Wedbush podcast:
https://ir.microvast.com/events/event-details/microvast-participates-2021-wedbush-ev-forum
-- In 2022 they will have more business than they have capacity for.
-- More factories are coming in the near future.
-- Chinese factory is expanding to accommodate growing customer demands.
-- Contracted revenue is up to $2.3 billion from $1.5 billion.
-- Microvast is officially a battery supplier for IVECO and "more to come" on that front.
-- Microvast is "potentially partnering" with "big OEMs" that want to see a capability for American, European and Chinese production. Hint, hint... The word "NDAs" was mentioned. NDAs plural.
-- The general feeling is that the Clarksville, TN plant is ahead of schedule due to a strong push and need for American manufacturing capability.
-- Vertical integration allows them to supply OEM batteries, off the shelf batteries and individual components to other battery makers. And they can do this much faster than other battery makers.
-- Microvast batteries are still top-tier in safety, life cycle and charging times.
-- The Florida R&D center provides more intellectual property protection for future products (hint, hint) and this was a major part of opening that facility.
-- A goal over the next 6-12 months will be to continue to win business and announce it when partners allow it due to NDAs (another hint, hint).
-- The next business contract (that can't currently be named due to NDA) will be announced soon.
-- Business and sales will continue to increase in 2022, and will explode in 2023 through 2025 or so.
-- The road to vehicle electrification in Europe and elsewhere is increasing far beyond the estimates of 1-2 years ago, and Microvast is setup to meet all regulations and laws.
-- While Microvast is developing solid state, their customers are not "enamored" with the race to be the first adopters of a technology that will likely be a big work in progress. Meaning, they would rather have batteries that perform up to spec rather than being the guinea pig for new technology that might not be all that it claims to be (looking at you, Quantumscape).
-- Concerning Microvast's solid state design, they claim a possible viable design would be around the same time as the rest of the solid state developers, or around 2025. So this means companies like Quantumscape do not really have some huge advantage in the industry. If anything, their potential is riskier than ever.
-- Solid state for commercial vehicles must be much better than solid state for mass market vehicles (passenger cars). A solid state solution must accommodate 15-20 year vehicle life and many more charge cycles than a regular car. Quantumscape is likely not factoring this into their design. Microvast is.
-- In addition to solid state, there are also several other designs that could come into play, as well.
-- Concerning potential customers, Microvast is top-tier when it comes to energy density and charge cycle life. That combined with their American/European/Chinese presence makes negotiations and winning contracts quite easy, it appears.
$7 a share. Ridiculous. Buy all you can, folks.
JACK'S RULES OF TRADING
1. Never chase a stock that's already run up considerably.
2. Never panic sell. In other words: When in doubt, hold.
3. When the stock price is down but the company still has potential, add.
Recent MVST News
- Microvast and Minespider to Show Battery Passport Demo at IAA Transportation 2024 • Business Wire • 09/16/2024 09:22:00 PM
- Microvast Powers the Next Generation of Electric Commercial Vehicles with Groundbreaking Battery Technology at IAA Transportation 2024 • Business Wire • 09/16/2024 05:11:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 08/30/2024 05:47:35 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 08/30/2024 05:41:33 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 08/29/2024 08:59:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/23/2024 03:31:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/21/2024 06:03:33 PM
- Microvast Reports Second Quarter 2024 Financial Results • Business Wire • 08/09/2024 05:29:00 PM
- Microvast Unveils New Next Generation LFP Based ME6 Energy Storage Solution • Business Wire • 08/08/2024 01:00:00 PM
- Microvast Schedules Second Quarter Earnings Call • Business Wire • 08/01/2024 05:55:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/11/2024 07:48:25 PM
- Microvast Celebrates Four Years of Supplying High-Performance Battery Systems to eVersum • Business Wire • 07/01/2024 12:00:00 PM
- Microvast and Evoy Forge Groundbreaking Partnership in Boat Electrification • Business Wire • 06/24/2024 02:00:00 PM
- Microvast Announces up to $25 Million Corporate Loan Facility • Business Wire • 06/04/2024 02:35:00 PM
- Microvast Reports First Quarter 2024 Financial Results • Business Wire • 05/09/2024 09:00:00 PM
- Microvast Schedules First Quarter Earnings Call • Business Wire • 04/30/2024 10:00:00 PM
- Microvast Reports 2023 Financial Results • GlobeNewswire Inc. • 04/01/2024 09:00:00 PM
- Microvast Schedules Fourth Quarter Earnings Call • GlobeNewswire Inc. • 03/19/2024 10:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/09/2024 09:14:42 PM
- The Gross Law Firm Notifies Shareholders of Microvast Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 5, 2024 - (NASDAQ: MVST) • PR Newswire (US) • 02/02/2024 10:45:00 AM
- The Gross Law Firm Notifies Shareholders of Microvast Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 5, 2024 - (NASDAQ: MVST) • PR Newswire (US) • 01/26/2024 10:45:00 AM
- The Gross Law Firm Notifies Shareholders of Microvast Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 5, 2024 - (NASDAQ: MVST) • PR Newswire (US) • 01/19/2024 10:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 06:12:05 PM
- The Gross Law Firm Notifies Shareholders of Microvast Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 5, 2024 - (NASDAQ: MVST) • PR Newswire (US) • 01/12/2024 10:45:00 AM
- The Gross Law Firm Notifies Shareholders of Microvast Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 5, 2024 - (NASDAQ: MVST) • PR Newswire (US) • 01/05/2024 10:45:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM