MICROVAST ANNOUNCES BREAKTHROUGH IN TRUE ALL-SOLID-STATE BATTERY TECHNOLOGY
Posted: Jan 09, 2025
- Microvast Holdings, Inc. (MVST) announced a breakthrough in True All-Solid-State Battery (ASSB) technology
- The technology improves safety, energy density, and efficiency for applications such as data center backup power systems and electric vehicles
- Microvast's ASSB uses a bipolar stacking architecture, eliminating liquid electrolytes to achieve higher voltages
- The design reduces interconnections, enhancing energy efficiency and operational safety
- Microvast is advancing to pilot production study phase to deliver safe, high-performance battery solutions
- The technology allows for customizable cell design and addresses emerging applications in robotics and compact energy systems.
What do people on Reddit think?
🚨 Reddit sentiment: mixed/positive - While some skepticism exists, mostly in the form of humor or concern about the novelty of the announcement, the majority of the comments express excitement and positivity about the technological breakthrough and potential of the stock. Summarized comments: - Europoors already pumping it, it up 36% with very low volume - Concerns about the name 'ASS-B', implying the announcement might not be serious - Discussion comparing Microvast's battery technology to Quantumscape's, highlighting differences in electrolyte, voltage, efficiency, complexity, and manufacturing readiness - A user expressing significant financial investment in Microvast while acknowledging the current loss - Some users engage in impulsive investment based on the announcement - Users express excitement over Microvast's breakthrough, noting the potential long term impact Stock tickers discussed: $MVST, $QS
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!