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Microvast Launches New Li-ion Battery Cells and Next Generation Packs
HOUSTON--(BUSINESS WIRE)-- Microvast Holdings, Inc. (NASDAQ: MVST), a leading global provider of next-generation battery technologies for commercial
About this update from Microvast Holdings, Inc.
[{"type":"text","content":" HOUSTON--(BUSINESS WIRE)--\nMicrovast Holdings, Inc. (NASDAQ: MVST), a leading global provider of next-generation battery technologies for commercial vehicles, today announced the introduction of two new lithium ion battery cells to its product portfolio, as well as upgraded Gen 4 battery packs.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220324005114/en/Sample Photo of Microvast's Gen 4 Battery Packs (Photo: Business Wire)\nThe new 48Ah and 53.5Ah NMC Li-ion battery cells were specifically designed to meet diverse technical requirements for powering commercial and specialty vehicles, where optimal battery design is challenging due to inherent tradeoffs between power and energy inputs. Both new pouch cells are available in the same dimensions and can be integrated into Microvast’s new Gen 4 battery packs. This flexibility offers customers the ability to choose between standardized cells designed for either high-power or high-energy requirements without changing the powertrain design, thereby offering customers a one-stop solution for a wide range of applications.\n\n“The new cells enable our customers to easily optimize vehicle design in terms of energy density and cycle life, delivering improved overall performance and reducing total cost of ownership while preserving fast-charging capabilities. We expect these next generation battery cells to become pivotal revenue drivers for our business going forward,” said Mr. Yang Wu, Microvast’s President and Chief Executive Officer.\n\nThe 48Ah, 53.5Ah cells and Gen 4 battery packs are available for sample orders immediately. Microvast expects to begin high-volume production in 2023. Key specifications include:\n\n\n\nProduct:\n\n\n\nMpCO-48Ah\n\n\n\nHpCO-53.5Ah\n\n\n\n\n\nEnergy Density:\n\n\n\n205 Wh/kg\n\n\n\n235 Wh/kg\n\n\n\n\n\nPouch Cell:\n\n\n\n48Ah NMC\n\n\n\n53.5Ah NMC\n\n\n\n\n\nCycle Life:\n\n\n\n≥7,000 cycles @25℃\n\n\n\n≥5,000 cycles @25℃\n\n\n\n\n\nCharging Time:\n\n\n\n16 minutes for 80% DOD @RT\n\n\n\n48 minutes for 80% DOD @RT\n\n\n\n\n\nOperation Temperature Range:\n\n\n\n-20°C – 55°C\n\n\n\n-20°C – 55°C\n\n\n\n\nThe MpCO-48Ah cell offers a 10% increase in energy density (205 Wh/kg) compared with its predecessor, together with 3C fast-charging capability and a cycle life greater than 7,000 cycles. The H...