Microvast Holdings, Inc. (NASDAQ: MVST), a leader in lithium-ion battery solutions, is driving the future of electric commercial vehicles with the launch of its latest high-performance battery technology at IAA Transportation 2024. The new product lineup includes silicon-based HnSO Cells, Lithium Titanate Oxide (LTO) Cells, and the third-generation MV-I Pack, offering unparalleled energy density, safety, and sustainability for the electric vehicle market.
The advanced battery solutions are engineered to meet the demanding energy requirements of commercial transportation, enabling manufacturers to accelerate their shift to cleaner, more efficient electric powertrains.
Key Innovations at IAA Transportation 2024:
- HnSO Cells: Featuring silicon-based cell technology with an energy density of 300 Wh/kg, these cells offer long cycle life (over 4,000 cycles) and reduced total cost of ownership, ideal for long-range battery electric vehicles (BEV) and hybrid electric vehicles (HEV).
- Lithium Titanate Oxide (LTO) Cells: Known for their enhanced safety and ultra-long cycle life of up to 20,000 cycles, LTO cells provide 100 Wh/kg energy density, optimized for high-power applications in tough environments.
- Third-Generation MV-I Pack: This robust, lightweight solution offers up to 200 Wh/kg energy density and over 5,000 full cycles, integrating Microvast’s 5th generation Battery Management System (BMS 5.0) for advanced safety and cybersecurity.
Additionally, Microvast’s BMS 5.0 is designed to maximize functional safety, adhering to ISO 26262 ASIL-C standards and ISO/SAE 21434:2021 cybersecurity requirements, ensuring top-tier safety and security for electric vehicle operations.
Comprehensive Electric Solutions
Microvast’s suite of cell, module, and pack solutions provides a one-stop shop for electric commercial vehicle applications, supporting various operational needs. With vertical integration from raw materials to final product, Microvast offers scalable and customizable solutions to meet diverse commercial requirements.
“Our latest battery technologies represent a leap forward for electric commercial vehicles,” said Dr. Wenjuan Mattis, CTO of Microvast. “They deliver increased energy density, fast charging, and extended cycle life, pushing the boundaries of e-mobility while reducing emissions.”
Future of E-Mobility: Innovation and Customization
Microvast’s vertically integrated approach allows rapid innovation, tailored customization, and high-quality products for commercial vehicle manufacturers. Stefan Herr, Executive Vice President of Microvast EMEA, highlighted the company’s full-service model: “We provide end-to-end solutions, from customized energy systems to ongoing support, ensuring maximum performance and long-term success for our customers.”
Commitment to Sustainability
Sustainability is at the core of Microvast’s mission. With over 30,000 installed battery systems across 34 countries, the company is dedicated to advancing battery technology, reducing carbon emissions, and supporting the global transition to sustainable transportation. With over 17 years of manufacturing expertise, Microvast continues to be a trusted partner in the move toward greener mobility solutions.