12 Best EV Battery Stocks to Buy in 2025

10) Microvast Holdings, Inc. (NASDAQ:MVST)

Number of Hedge Fund Holders: 7

Microvast Holdings, Inc. (NASDAQ:MVST) offers battery technologies for EVs and energy storage solutions. The company announced a significant milestone in the development of its True All-Solid-State Battery (ASSB) technology. The advancement demonstrates a key step forward in improving safety, energy density, and efficiency for critical applications like data center backup power systems and electric school buses, while also making the way for future innovations in robotics and several other high-demand sectors including EVs. Unlike conventional lithium-ion or semi-solid-state batteries, Microvast Holdings, Inc. (NASDAQ:MVST)’s ASSB uses a bipolar stacking architecture that enables internal series connections in a single battery cell.

Moving forward, the company’s growth prospects are expected to stem from its expansion into the EU market and reduction in the previous reliance on China. Furthermore, Microvast Holdings, Inc. (NASDAQ:MVST) continues to focus on bolstering its revenue streams via continued strategic partner expansions, and innovating products and services supporting the global energy transformation. Also, it continues to target sustained profitability via its regional efficiency improvements and leveraging its established business segments to fuel liquidity and improve financial strength.

For 2024, Microvast Holdings, Inc. (NASDAQ:MVST) anticipates 15% – 18% revenue growth YoY and gross margins of between 25% – 30%, aided by innovations in solid-state batteries and silicon-based cells.