Microvast to Add Two Battery Cell Lines by H2 2026
MVST•Microvast's Q1 2026 earnings call focused on strategic expansion of battery cell manufacturing, announcing plans to bring two new production lines online by H2 2026. Executives said new supply agreements for commercial EVs support the capacity boost and reaffirmed full-year production targets.
1. Strategic Expansion
During its Q1 2026 earnings call on May 12, Microvast outlined plans to commission two new battery cell production lines by H2 2026, expected to add significant gigawatt-hour capacity across its US and European facilities. Management highlighted recent supply agreements totaling over 1 GWh for commercial electric vehicle applications and reiterated full-year production targets, emphasizing the company's focus on scaling manufacturing ahead of anticipated demand growth.
