Microvast Celebrates Four Years of Supplying High-Performance Battery Systems to eVersum

eVersum eShuttle (Photo: Business Wire)

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STAFFORD, Texas, July 01, 2024--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST) ("Microvast" or the "Company"), a technology innovator that designs, develops, and manufactures lithium-ion battery solutions is proud to announce the milestone of four successful years supplying its high-performance low floor battery packs to eversum mobility solutions GmbH ("eVersum"). This partnership underscores Microvast's commitment to advancing the electrification of next-generation autonomous eShuttle buses from eVersum.

Over the past four years, Microvast has been supplying low-floor batteries specifically designed for eShuttle buses. These low-floor batteries facilitate easy boarding and departure for passengers, enhancing the accessibility and convenience of eShuttle buses while maintaining high performance and efficiency. The low center of gravity enhances driving comfort and enables lightweight construction options.

Key Features of Microvast’s Battery Solutions Designed for eVersum:

  • Enhanced Accessibility: Facilitates easy passenger boarding and departure, improving overall user experience.

  • Compact Design: Optimizes space utilization without compromising on energy capacity or performance.

  • Energy Efficiency: Delivers the required power for eShuttle buses with high efficiency, contributing to lower operational costs and extended range.

  • High Energy Density: Ensures extended range and reduces the need for frequent recharging, enabling longer operational hours.

  • Durability: Designed to withstand the rigors of daily operations and provide a longer lifespan.

  • Safety: Incorporates advanced safety features to ensure enhanced protection for passengers and operators.

  • Cost Efficiency: Lowers the total cost of ownership through reduced maintenance and operational costs.

  • Reliability: Designed to provide consistent performance throughout the vehicle's service life.

The collaboration with eVersum has led to the successful integration of Microvast’s battery packs into a wide range of shuttle bus models, contributing to the shift towards cleaner, zero-emission transportation solutions. eVersum buses are now a common sight in urban environments and are powered by Microvast batteries throughout Europe. Our combined solution provides eco-friendly transit options and reducing the carbon footprint of public transportation.

Stefan Herr, Microvast’s Executive Vice President EMEA, commented, "We are thrilled to mark four years of successful partnership with eVersum, one of the leading European shuttle bus manufacturers. Our low-floor batteries for eShuttle buses have proven to be reliable and efficient solutions, helping to drive the transition to sustainable transportation. We look forward to continuing this collaboration and supporting the development of innovative, eco-friendly transit solutions."