$MVST
Microvast Holdings, Inc. Stock $mvst

$mvst Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-K Financial Statement

#000176068924000007 Filed on April 01, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023
Revenue	$81.35M	$104.6M	$306.6M
YoY Change	73.19%	61.39%	49.94%
Cost Of Revenue	$64.13M	$81.55M	$249.4M
YoY Change	52.26%	30.33%	27.62%
Gross Profit	$17.23M	$23.02M	$57.23M
YoY Change	254.57%	934.32%	530.74%
Gross Profit Margin	21.17%	22.02%	18.66%
Selling, General & Admin	$29.39M	$34.64M	$120.9M
YoY Change	15.81%	29.29%	-4.94%
% of Gross Profit	170.6%	150.46%	211.27%
Research & Development	$11.49M	$11.40M	$45.00M
YoY Change	5.81%	8.54%	3.44%
% of Gross Profit	66.72%	49.49%	78.64%
Depreciation & Amortization	$7.591M	$7.620M	$22.63M
YoY Change	48.93%	59.28%	11.14%
% of Gross Profit	44.07%	33.1%	39.55%
Operating Expenses	$40.88M	$46.04M	$165.9M
YoY Change	12.81%	23.45%	-2.8%
Operating Profit	-$23.12M	-$23.01M	-$106.7M
YoY Change	-26.14%	-34.37%	-33.27%
Interest Expense	$1.732M	-$1.063M	$2.628M
YoY Change	277.34%	-237.16%	-20.91%
% of Operating Profit
Other Income/Expense, Net	-$136.0K	-$1.302M	-$713.0K
YoY Change	-117.24%	-800.0%	-175.53%
Pretax Income	-$24.83M	-$24.58M	-$106.4M
YoY Change	-16.05%	-26.98%	-32.73%
Income Tax	$0.00	$10.00K	$10.00K
% Of Pretax Income
Net Earnings	-$24.83M	-$24.54M	-$106.3M
YoY Change	-16.08%	-27.19%	-32.78%
Net Earnings / Revenue	-30.52%	-23.46%	-34.68%
Basic Earnings Per Share	-$0.08		-$0.34
Diluted Earnings Per Share	-$0.08	-$0.08	-$0.34
COMMON SHARES
Basic Shares Outstanding	317.2M shares	316.5M shares	310.9M shares
Diluted Shares Outstanding	315.4M shares		310.9M shares

Balance Sheet

Concept	2024 Q1	2023 Q4	2023
SHORT-TERM ASSETS
Cash & Short-Term Investments	$39.45M	$50.18M	$50.18M
YoY Change	-82.51%	-80.44%	-80.44%
Cash & Equivalents	$39.45M	$44.54M	$44.54M
Short-Term Investments	$0.00	$5.634M	$5.634M
Other Short-Term Assets	$65.67M	$63.23M	$48.20M
YoY Change	-10.82%	-21.07%	-39.83%
Inventory	$137.3M	$149.7M	$149.7M
Prepaid Expenses
Receivables	$123.5M	$138.7M	$162.5M
Other Receivables	$0.00	$0.00	$15.03M
Total Short-Term Assets	$378.2M	$425.6M	$425.6M
YoY Change	-23.92%	-21.92%	-21.92%
LONG-TERM ASSETS
Property, Plant & Equipment	$616.5M	$620.7M	$640.2M
YoY Change	39.15%	85.2%	82.12%
Goodwill
YoY Change
Intangibles	$2.985M	$3.136M
YoY Change	-19.13%	91.69%
Long-Term Investments
YoY Change
Other Assets	$9.954M	$9.661M	$27.82M
YoY Change	-65.81%	-86.88%	-67.93%
Total Long-Term Assets	$662.5M	$671.1M	$671.1M
YoY Change	30.68%	52.57%	52.57%
TOTAL ASSETS
Total Short-Term Assets	$378.2M	$425.6M	$425.6M
Total Long-Term Assets	$662.5M	$671.1M	$671.1M
Total Assets	$1.041B	$1.097B	$1.097B
YoY Change	3.65%	11.35%	11.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$83.07M	$112.6M	$112.6M
YoY Change	101.42%	150.35%	150.35%
Accrued Expenses	$27.18M	$30.51M	$30.51M
YoY Change	164.46%	34.78%	34.78%
Deferred Revenue	$41.28M	$43.09M
YoY Change	-22.21%	-20.51%
Short-Term Debt	$41.03M	$35.39M	$98.77M
YoY Change	87.87%	103.43%	15.06%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$366.6M	$403.4M	$403.4M
YoY Change	31.99%	59.82%	59.82%
LONG-TERM LIABILITIES
Long-Term Debt	$86.19M	$86.92M	$86.92M
YoY Change	18.05%	19.25%	19.25%
Other Long-Term Liabilities	$25.24M	$24.86M	$42.21M
YoY Change	-19.41%	-22.51%	-9.58%
Total Long-Term Liabilities	$25.24M	$24.86M	$129.1M
YoY Change	-19.41%	-22.51%	8.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$366.6M	$403.4M	$403.4M
Total Long-Term Liabilities	$25.24M	$24.86M	$129.1M
Total Liabilities	$494.5M	$532.5M	$532.5M
YoY Change	24.2%	43.16%	43.16%
SHAREHOLDERS EQUITY
Retained Earnings	-$922.3M	-$897.5M
YoY Change	12.38%	13.44%
Common Stock	$32.00K	$32.00K
YoY Change	3.23%	3.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$546.1M	$564.2M	$564.2M
YoY Change
Total Liabilities & Shareholders Equity	$1.041B	$1.097B	$1.097B
YoY Change	3.65%	11.35%	11.35%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023
OPERATING ACTIVITIES
Net Income	-$24.83M	-$24.54M	-$106.3M
YoY Change	-16.08%	-27.19%	-32.78%
Depreciation, Depletion And Amortization	$7.591M	$7.620M	$22.63M
YoY Change	48.93%	59.28%	11.14%
Cash From Operating Activities	$2.031M	-$4.953M	-$75.30M
YoY Change	-118.19%	-206.13%	39.64%
INVESTING ACTIVITIES
Capital Expenditures	$10.24M	$33.21M	$186.8M
YoY Change	-71.49%	-49.8%	23.8%
Acquisitions
YoY Change
Other Investing Activities	$5.716M	$20.73M	$21.18M
YoY Change	5792.78%	-182.69%	-184.51%
Cash From Investing Activities	-$4.525M	-$12.48M	-$165.6M
YoY Change	-87.37%	-86.31%	-5.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$6.260M	20.89M	$33.04M
YoY Change	42.79%	-171.39%	565.21%
NET CHANGE
Cash From Operating Activities	$2.031M	-4.953M	-$75.30M
Cash From Investing Activities	-$4.525M	-12.48M	-$165.6M
Cash From Financing Activities	$6.260M	20.89M	$33.04M
Net Change In Cash	-$1.485M	3.450M	-$214.4M
YoY Change	-96.48%	-102.98%	-8.16%
FREE CASH FLOW
Cash From Operating Activities	$2.031M	-$4.953M	-$75.30M
Capital Expenditures	$10.24M	$33.21M	$186.8M
Free Cash Flow	-$8.210M	-$38.17M	-$262.1M
YoY Change	-82.56%	-37.93%	27.97%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	12603 Southwest Freeway
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
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CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	12093000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	425606000	usd
CY2023Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	6171000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	620667000	usd
CY2023Q4	mvst	Land Use Rights Net LandUseRightsNet	11984000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3136000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	19507000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	9661000	usd
CY2023Q4	us-gaap	Assets Assets	1096732000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	112618000	usd
CY2023Q4	us-gaap	Notes Payable Current NotesPayableCurrent	63374000	usd
CY2023Q4	mvst	Accrued Expense And Other Liabilities Current AccruedExpenseAndOtherLiabilitiesCurrent	148284000	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	43087000	usd
CY2023Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	35392000	usd
CY2023Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	655000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	403410000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	43761000	usd
CY2023Q4	mvst	Long Term Bonds Payables LongTermBondsPayables	43157000	usd
CY2023Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	67000	usd
CY2023Q4	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	199000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	17087000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	24861000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	532542000	usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	750000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	316694442	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	315006942	shares
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	32000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1481241000	usd
CY2023Q4	us-gaap	Statutory Accounting Practices Statutory Capital And Surplus Balance StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance	6032000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-897501000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-25614000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	564190000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1096732000	usd
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CY2023	us-gaap	Cost Of Revenue CostOfRevenue	249390000	usd
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CY2022	mvst	Subsidy Income SubsidyIncome	1672000	usd
CY2023	mvst	Subsidy Income SubsidyIncome	1953000	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-159946000	usd
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	-106729000	usd
CY2022	mvst	Interest Income InterestIncome	3179000	usd
CY2023	mvst	Interest Income InterestIncome	3609000	usd
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CY2022	mvst	Gain Loss On Changes In Fair Value Of Convertible Notes GainLossOnChangesInFairValueOfConvertibleNotes	0	usd
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CY2022	mvst	Gain On Change In Fair Value Of Warrant Liability GainOnChangeInFairValueOfWarrantLiability	979000	usd
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CY2022	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	944000	usd
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CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	33000	usd
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CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.26
CY2022	us-gaap	Profit Loss ProfitLoss	-158200000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	-106412000	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-7621000	usd
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CY2022	mvst	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	19375000	usd
CY2023	mvst	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	5446000	usd
CY2021	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	2135000	usd
CY2022	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	282000	usd
CY2021	mvst	Increase Decrease In Notes Payable IncreaseDecreaseInNotesPayable	24159000	usd
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001760689
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	http://fasb.org/us-gaap/2023#AccountingStandardsUpdate201613Member
CY2023	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	http://fasb.org/us-gaap/2023#AccountingStandardsUpdate201613Member
CY2022Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://thcb.com/20231231#AccruedExpenseAndOtherLiabilitiesCurrent
CY2023Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://thcb.com/20231231#AccruedExpenseAndOtherLiabilitiesCurrent
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity Registrant Name EntityRegistrantName	Microvast Holdings, Inc.
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	83-2530757
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 300
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Stafford
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	77477
CY2023	dei	City Area Code CityAreaCode	(281)
CY2023	dei	Local Phone Number LocalPhoneNumber	491-9505
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	false
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
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CY2023	dei	Auditor Name AuditorName	Deloitte Touche Tohmatsu Certified Public Accountants LLP
CY2023	dei	Auditor Location AuditorLocation	Beijing, the People’s Republic of China
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CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10000	usd
CY2021	us-gaap	Profit Loss ProfitLoss	-206483000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	-158200000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	-106412000	usd
CY2021	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2022	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2023	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-76000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	-206483000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-158200000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-106336000	usd
CY2021	mvst	Less Accretion Of Series C1 Preferred LessAccretionOfSeriesC1Preferred	2257000	usd
CY2022	mvst	Less Accretion Of Series C1 Preferred LessAccretionOfSeriesC1Preferred	0	usd
CY2023	mvst	Less Accretion Of Series C1 Preferred LessAccretionOfSeriesC1Preferred	0	usd
CY2021	mvst	Less Accretion Of Series C2 Preferred Stock LessAccretionOfSeriesC2PreferredStock	5132000	usd
CY2022	mvst	Less Accretion Of Series C2 Preferred Stock LessAccretionOfSeriesC2PreferredStock	0	usd
CY2023	mvst	Less Accretion Of Series C2 Preferred Stock LessAccretionOfSeriesC2PreferredStock	0	usd
CY2021	mvst	Less Accretion Of Series D1 Preferred LessAccretionOfSeriesD1Preferred	10708000	usd
CY2022	mvst	Less Accretion Of Series D1 Preferred LessAccretionOfSeriesD1Preferred	0	usd
CY2023	mvst	Less Accretion Of Series D1 Preferred LessAccretionOfSeriesD1Preferred	0	usd
CY2021	mvst	Less Accretion For Noncontrolling Interests LessAccretionForNoncontrollingInterests	9523000	usd
CY2022	mvst	Less Accretion For Noncontrolling Interests LessAccretionForNoncontrollingInterests	0	usd
CY2023	mvst	Less Accretion For Noncontrolling Interests LessAccretionForNoncontrollingInterests	0	usd
CY2021	mvst	Net Loss Attributable To Ordinary Shareholders Of Microvast Inc NetLossAttributableToOrdinaryShareholdersOfMicrovastInc	-234103000	usd
CY2022	mvst	Net Loss Attributable To Ordinary Shareholders Of Microvast Inc NetLossAttributableToOrdinaryShareholdersOfMicrovastInc	-158200000	usd
CY2023	mvst	Net Loss Attributable To Ordinary Shareholders Of Microvast Inc NetLossAttributableToOrdinaryShareholdersOfMicrovastInc	-106336000	usd
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	185896482	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	185896482	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	310909379	shares
CY2021	us-gaap	Profit Loss ProfitLoss	-206483000	usd
CY2021	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-655000	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-24782000	usd
CY2021	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-207138000	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-182982000	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-114033000	usd
CY2021	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	0	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	0	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-164000	usd
CY2021	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-207138000	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-182982000	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-113869000	usd
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-384602000	usd
CY2021	us-gaap	Profit Loss ProfitLoss	-206483000	usd
CY2021	mvst	Accretion For Series C1 Preferred AccretionForSeriesC1Preferred	-2257000	usd
CY2021	mvst	Accretion For Series C2 Preferred AccretionForSeriesC2Preferred	-5132000	usd
CY2021	mvst	Accretion For Series D1 Preferred AccretionForSeriesD1Preferred	-10708000	usd
CY2021	mvst	Accretion For Redeemable Noncontrolling Interest AccretionForRedeemableNoncontrollingInterest	-5841000	usd
CY2021	mvst	Accretion For The Exiting Noncontrolling Interests AccretionForTheExitingNoncontrollingInterests	-3682000	usd
CY2021	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	1241851000	usd
CY2021	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	39533000	usd
CY2021	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	24674000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	686698000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	686698000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	-158200000	usd
CY2022	mvst	Issuance Of Common Stock In Connection With Vesting Of Restricted Stock Units And Stock Options IssuanceOfCommonStockInConnectionWithVestingOfRestrictedStockUnitsAndStockOptions	0	usd
CY2022	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	110127000	usd
CY2022	us-gaap	Temporary Equity Foreign Currency Translation Adjustments TemporaryEquityForeignCurrencyTranslationAdjustments	-24782000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	612977000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	-106412000	usd
CY2023	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	2174000	usd
CY2023	us-gaap	Noncontrolling Interest Decrease From Deconsolidation NoncontrollingInterestDecreaseFromDeconsolidation	2174000	usd
CY2023	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
CY2023	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	65246000	usd
CY2023	us-gaap	Temporary Equity Foreign Currency Translation Adjustments TemporaryEquityForeignCurrencyTranslationAdjustments	-7621000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	564190000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	-158200000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	-106412000	usd
CY2021	mvst	Gain Loss On Disposal Of Property Plant And Equipment GainLossOnDisposalOfPropertyPlantAndEquipment	13000	usd
CY2022	mvst	Gain Loss On Disposal Of Property Plant And Equipment GainLossOnDisposalOfPropertyPlantAndEquipment	-14000	usd
CY2023	mvst	Gain Loss On Disposal Of Property Plant And Equipment GainLossOnDisposalOfPropertyPlantAndEquipment	1947000	usd
CY2021	us-gaap	Depreciation Nonproduction DepreciationNonproduction	19975000	usd
CY2022	us-gaap	Depreciation Nonproduction DepreciationNonproduction	19811000	usd
CY2023	us-gaap	Depreciation Nonproduction DepreciationNonproduction	22141000	usd
CY2021	mvst	Amortization Of Land Use Rights And Intangible Assets AmortizationOfLandUseRightsAndIntangibleAssets	738000	usd
CY2022	mvst	Amortization Of Land Use Rights And Intangible Assets AmortizationOfLandUseRightsAndIntangibleAssets	554000	usd
CY2023	mvst	Amortization Of Land Use Rights And Intangible Assets AmortizationOfLandUseRightsAndIntangibleAssets	787000	usd
CY2021	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	0	usd
CY2022	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	2214000	usd
CY2023	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	2764000	usd
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	82894000	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	90808000	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	64971000	usd
CY2021	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-2469000	usd
CY2022	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-979000	usd
CY2021	mvst	Changes In Fair Value Of Bridge Notes ChangesInFairValueOfBridgeNotes	9861000	usd
CY2022	mvst	Changes In Fair Value Of Bridge Notes ChangesInFairValueOfBridgeNotes	0	usd
CY2023	mvst	Changes In Fair Value Of Bridge Notes ChangesInFairValueOfBridgeNotes	0	usd
CY2021	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	721000	usd
CY2022	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1640000	usd
CY2023	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	236000	usd
CY2021	mvst	Provision For Obsolete Inventories ProvisionForObsoleteInventories	18295000	usd
CY2022	mvst	Provision For Obsolete Inventories ProvisionForObsoleteInventories	4789000	usd
CY2023	mvst	Provision For Obsolete Inventories ProvisionForObsoleteInventories	3613000	usd
CY2021	mvst	Impairment Loss From Property Plant And Equipments ImpairmentLossFromPropertyPlantAndEquipments	2443000	usd
CY2022	mvst	Impairment Loss From Property Plant And Equipments ImpairmentLossFromPropertyPlantAndEquipments	1798000	usd
CY2023	mvst	Impairment Loss From Property Plant And Equipments ImpairmentLossFromPropertyPlantAndEquipments	504000	usd
CY2021	us-gaap	Product Warranty Expense ProductWarrantyExpense	52932000	usd
CY2022	us-gaap	Product Warranty Expense ProductWarrantyExpense	14097000	usd
CY2023	us-gaap	Product Warranty Expense ProductWarrantyExpense	12688000	usd
CY2021	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	-10016000	usd
CY2022	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	-3187000	usd
CY2023	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	25338000	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	11844000	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	38924000	usd
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	25892000	usd
CY2023	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	14291000	usd
CY2021	us-gaap	Increase Decrease In Due To Other Related Parties IncreaseDecreaseInDueToOtherRelatedParties	-84000	usd
CY2022	us-gaap	Increase Decrease In Due To Other Related Parties IncreaseDecreaseInDueToOtherRelatedParties	85000	usd
CY2023	us-gaap	Increase Decrease In Due To Other Related Parties IncreaseDecreaseInDueToOtherRelatedParties	0	usd
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CY2023	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	547000	usd
CY2022	mvst	Increase Decrease In Notes Payable IncreaseDecreaseInNotesPayable	13490000	usd
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2499000	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	7146000	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	68576000	usd
CY2023	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-10949000	usd
CY2022	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-24674000	usd
CY2023	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	6602000	usd
CY2021	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	0	usd
CY2022	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	14999000	usd
CY2023	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	2266000	usd
CY2021	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	2218000	usd
CY2022	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	946000	usd
CY2023	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	316000	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-45039000	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-53928000	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-75303000	usd
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	87862000	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	150880000	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	186788000	usd
CY2021	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
CY2022	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	5000	usd
CY2023	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1649000	usd
CY2021	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	0	usd
CY2022	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	25070000	usd
CY2023	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	5966000	usd
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CY2023	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	25500000	usd
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CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-175945000	usd
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CY2023	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	47852000	usd
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CY2022	mvst	Repayments Of Bonds Payable RepaymentsOfBondsPayable	29259000	usd
CY2023	mvst	Repayments Of Bonds Payable RepaymentsOfBondsPayable	692000	usd
CY2021	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	37568000	usd
CY2022	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	24482000	usd
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CY2023	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	usd
CY2021	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	8426000	usd
CY2022	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	0	usd
CY2023	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	0	usd
CY2021	mvst	Cash Received From The Trust Account Upon Merger Net Of Transaction Costs Note CashReceivedFromTheTrustAccountUponMergerNetOfTransactionCostsNote	222629000	usd
CY2022	mvst	Cash Received From The Trust Account Upon Merger Net Of Transaction Costs Note CashReceivedFromTheTrustAccountUponMergerNetOfTransactionCostsNote	0	usd
CY2023	mvst	Cash Received From The Trust Account Upon Merger Net Of Transaction Costs Note CashReceivedFromTheTrustAccountUponMergerNetOfTransactionCostsNote	0	usd
CY2021	mvst	Cash Received From Private Investment In Public Equity Pipe Investors Upon Merger CashReceivedFromPrivateInvestmentInPublicEquityPIPEInvestorsUponMerger	482500000	usd
CY2022	mvst	Cash Received From Private Investment In Public Equity Pipe Investors Upon Merger CashReceivedFromPrivateInvestmentInPublicEquityPIPEInvestorsUponMerger	0	usd
CY2023	mvst	Cash Received From Private Investment In Public Equity Pipe Investors Upon Merger CashReceivedFromPrivateInvestmentInPublicEquityPIPEInvestorsUponMerger	0	usd
CY2021	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-139038000	usd
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CY2021	mvst	Issuance Of Bridge Notes IssuanceOfBridgeNotes	57500000	usd
CY2022	mvst	Issuance Of Bridge Notes IssuanceOfBridgeNotes	0	usd
CY2023	mvst	Issuance Of Bridge Notes IssuanceOfBridgeNotes	0	usd
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CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	4967000	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	33041000	usd
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CY2022	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-8586000	usd
CY2023	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-6561000	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	494913000	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-233492000	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-214428000	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	41196000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	536109000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	302617000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	536109000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	302617000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	88189000	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	480931000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	44541000	usd
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	55178000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	71197000	usd
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	43648000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	536109000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	302617000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	88189000	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	2686000	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	5135000	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	4373000	usd
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CY2022	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2023	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2021Q4	mvst	Payable For Purchase Of Property Plant And Equipment PayableForPurchaseOfPropertyPlantAndEquipment	18500000	usd
CY2022Q4	mvst	Payable For Purchase Of Property Plant And Equipment PayableForPurchaseOfPropertyPlantAndEquipment	29183000	usd
CY2023Q4	mvst	Payable For Purchase Of Property Plant And Equipment PayableForPurchaseOfPropertyPlantAndEquipment	96350000	usd
CY2023	us-gaap	Nature Of Operations NatureOfOperations	<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Microvast, Inc. was incorporated under the laws of the State of Texas in the United States of America on October 12, 2006 and re-domiciled to the State of Delaware on December 31, 2015. On July 23, 2021 (the “Closing Date”), Microvast, Inc. and Tuscan Holdings Corp.(“Tuscan”) consummated the previously announced merger (the “Merger” or the "Business Combination"), pursuant to the Agreement and Plan of Merger (the “Merger Agreement”) dated February 1, 2021, between Tuscan, Microvast, Inc. and TSCN Merger Sub Inc., a Delaware corporation (“Merger Sub”).</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the Merger Agreement, the Merger Sub merged with and into Microvast, Inc., with Microvast, Inc. surviving the Merger. As a result of the Merger, Tuscan was renamed “Microvast Holdings, Inc.” (the “Company”). The Merger was accounted for as a reverse recapitalization as Microvast, Inc. was determined to be the accounting acquirer under Financial Accounting Standards Board’s Accounting Standards Codification Topic 805, Business Combinations (“ASC 805”). Please refer to Note 3 “Reverse Recapitalization” for further details of the Merger.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Upon the completion of the Merger transaction between Microvast, Inc. and Tuscan, the share, per share value and net loss per share available to Microvast Inc.’s common stockholders in the financial statements for each of the year ended December 31, 2021 were retroactively recast to reflect the exchange ratio established in the Merger Agreement. Refer to Note 3 for details.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2023, details of the Company’s major subsidiaries are as follows:</span></div><div style="margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:39.051%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.172%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.172%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.557%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.085%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Subsidiaries</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Place of incorporation</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Date of <br/>incorporation <br/></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Percentage <br/>of ownership</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Microvast, Inc. (“</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">Microvast</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">”)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Delaware, USA</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">October 2006</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">100 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Microvast Power Solutions, Inc (“</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">MP Solutions</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">”)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Texas, USA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">July 2013</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">100 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Microvast Power Systems Co., Ltd. (“</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">MPS</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">”)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Huzhou, PRC</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">December 2006</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">100 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Microvast GmbH (“</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">MV GmbH</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">”)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Germany</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">May 2016</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">100 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Huzhou Hongwei New Energy Automobile Co., Ltd. (“</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">Hongwei</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">”)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Huzhou, PRC</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">December 2016</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">100 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Microvast Energy, Inc. (“</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">MV Energy</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">”)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">Colorado, USA</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">July 2022</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">100 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:114%">%</span></td></tr></table></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company and its subsidiaries (collectively, the “Group”) are primarily engaged in developing, manufacturing, and selling lithium-ion battery technologies for use in commercial electric vehicles and battery energy storage systems across the globe.</span></div>
CY2023	us-gaap	Revenues Revenues	306617000	usd
CY2022	us-gaap	Revenues Revenues	204495000	usd
CY2021	us-gaap	Revenues Revenues	151976000	usd
CY2023	us-gaap	Gross Profit GrossProfit	57227000	usd
CY2022	us-gaap	Gross Profit GrossProfit	9073000	usd
CY2021	us-gaap	Gross Profit GrossProfit	-42743000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	-106412000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	-158200000	usd
CY2021	us-gaap	Profit Loss ProfitLoss	-206483000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	-106412000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	-158200000	usd
CY2021	us-gaap	Profit Loss ProfitLoss	-206483000	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-75303000	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-53928000	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-45039000	usd
CY2023Q4	mvst	Working Capital WorkingCapital	22196000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	564190000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-897501000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	44541000	usd
CY2023Q4	mvst	Bank Borrowings Ending Balance BankBorrowingsEndingBalance	79153000	usd
CY2023Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	35392000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	368018000	usd
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue, costs and expenses in the consolidated financial statements and accompanying notes, and disclosure of contingent liabilities at the date of the consolidated financial statements. Actual results could differ from these estimates. Significant accounting estimates reflected in the Group’s financial statements include allowance for credit losses, provision for obsolete inventories, impairment of long-lived assets, valuation allowance for deferred tax assets, product warranties, fair value measurement of Bridge Notes, fair value measurement of warrant liability and share based compensation.</span></div>
CY2022Q4	mvst	Balance Of Notes Receivable BalanceOfNotesReceivable	2196000	usd
CY2023Q4	mvst	Balance Of Notes Receivable BalanceOfNotesReceivable	23736000	usd
CY2021	us-gaap	Interest Income Other InterestIncomeOther	0	usd
CY2022	us-gaap	Interest Income Other InterestIncomeOther	70000	usd
CY2023	us-gaap	Interest Income Other InterestIncomeOther	438000	usd
CY2023	mvst	Estimated Useful Life Term EstimatedUsefulLifeTerm	P50Y
CY2021	mvst	Revenue Related To Contract Balance RevenueRelatedToContractBalance	1455000	usd
CY2022	mvst	Revenue Related To Contract Balance RevenueRelatedToContractBalance	1151000	usd
CY2023	mvst	Revenue Related To Contract Balance RevenueRelatedToContractBalance	2492000	usd
CY2021	mvst	Amortized Deferred Subsidy AmortizedDeferredSubsidy	269000	usd
CY2022	mvst	Amortized Deferred Subsidy AmortizedDeferredSubsidy	538000	usd
CY2023	mvst	Amortized Deferred Subsidy AmortizedDeferredSubsidy	390000	usd
CY2022Q4	mvst	Deferred Subsidy Income DeferredSubsidyIncome	542000	usd
CY2023Q4	mvst	Deferred Subsidy Income DeferredSubsidyIncome	531000	usd
CY2022Q4	mvst	Deferred Non Current Portion DeferredNonCurrentPortion	3066000	usd
CY2023Q4	mvst	Deferred Non Current Portion DeferredNonCurrentPortion	3382000	usd
CY2021	mvst	Purchase Percentage PurchasePercentage	0.12
CY2022	mvst	Purchase Percentage PurchasePercentage	0.18
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	18826000	usd
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	18776000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	19507000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	19500000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2413000	usd
CY2023	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of credit risk</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially expose the Group to concentrations of credit risk consist primarily of cash and cash equivalents, restricted cash, accounts receivable, notes receivable and short-term investments. The Group places its cash and cash equivalents with financial institutions with high credit ratings and quality. The Group conducts credit evaluations of customers and generally does not require collateral or other security from its customers.</span></div>
	mvst	Net Revenues Percentage NetRevenuesPercentage	0.10
CY2022Q4	mvst	Percentage Of Accounts Receivable PercentageOfAccountsReceivable	0.10
CY2023Q4	mvst	Percentage Of Accounts Receivable PercentageOfAccountsReceivable	0.10
CY2023	mvst	Purchase Percentage PurchasePercentage	0.15
CY2021Q3	mvst	Existing Microvast Equity Holders ExistingMicrovastEquityHolders	209999991	shares
CY2021Q3	mvst	Existing Microvast Convertible Noteholders In Shares ExistingMicrovastConvertibleNoteholdersInShares	6736106	shares
CY2021Q3	mvst	Tuscan Public Stockholders TuscanPublicStockholders	27493140	shares
CY2021Q3	mvst	Sponsor Group In Shares SponsorGroupInShares	7608589	shares
CY2021Q3	mvst	Early Bird Capital EarlyBirdCapital	428411	shares
CY2021Q3	mvst	Shares Outstanding Pipe Investors Immediately After Merger SharesOutstandingPIPEInvestorsImmediatelyAfterMerger	48250000	shares
CY2021Q3	mvst	Common Stock CommonStock	300516237	shares
CY2021Q3	mvst	Shares Subject To Cancellation SharesSubjectToCancellation	1687500	shares
CY2021Q3	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	705129000	usd
CY2021Q3	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	281726000	usd
CY2021Q3	us-gaap	Financing Receivable Revolving FinancingReceivableRevolving	58175000	usd
CY2021Q3	mvst	Reverse Recapitalization Escrow Shares ReverseRecapitalizationEscrowShares	1687500	shares
CY2021Q3	mvst	Reverse Recapitalization Contingent Consideration Cancellation Period Escrow Share Percentage ReverseRecapitalizationContingentConsiderationCancellationPeriodEscrowSharePercentage	0.50
CY2021Q3	mvst	Reverse Recapitalization Escrow Shares ReverseRecapitalizationEscrowShares	1687500	shares
CY2021Q3	mvst	Reverse Recapitalization Contingent Consideration Cancellation Period Escrow Share Percentage ReverseRecapitalizationContingentConsiderationCancellationPeriodEscrowSharePercentage	0.50
CY2021Q3	mvst	Reverse Recapitalization Escrow Shares ReverseRecapitalizationEscrowShares	1687500	shares
CY2022Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	123711000	usd
CY2023Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	143288000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	4407000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	4571000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	119304000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	138717000	usd
CY2020Q4	mvst	Allowance For Doubtful Account Receivable AllowanceForDoubtfulAccountReceivable	5047000	usd
CY2021Q4	mvst	Allowance For Doubtful Account Receivable AllowanceForDoubtfulAccountReceivable	5005000	usd
CY2022Q4	mvst	Allowance For Doubtful Account Receivable AllowanceForDoubtfulAccountReceivable	4407000	usd
CY2021	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	721000	usd
CY2022	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1640000	usd
CY2023	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	236000	usd
CY2021	mvst	Accounts Receivable Write Off AccountsReceivableWriteOff	849000	usd
CY2022	mvst	Accounts Receivable Write Off AccountsReceivableWriteOff	2631000	usd
CY2023	mvst	Accounts Receivable Write Off AccountsReceivableWriteOff	128000	usd
CY2021	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	0	usd
CY2022	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	0	usd
CY2023	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	121000	usd
CY2021	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	86000	usd
CY2022	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	-473000	usd
CY2023	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	-65000	usd
CY2021Q4	mvst	Allowance For Doubtful Account Receivable AllowanceForDoubtfulAccountReceivable	5005000	usd
CY2022Q4	mvst	Allowance For Doubtful Account Receivable AllowanceForDoubtfulAccountReceivable	4407000	usd
CY2023Q4	mvst	Allowance For Doubtful Account Receivable AllowanceForDoubtfulAccountReceivable	4571000	usd
CY2023Q4	mvst	Cost Of Land Use Rights CostOfLandUseRights	14711000	usd
CY2022Q4	mvst	Land Use Rights Accumulated Amortization LandUseRightsAccumulatedAmortization	2504000	usd
CY2023Q4	mvst	Land Use Rights Accumulated Amortization LandUseRightsAccumulatedAmortization	2727000	usd
CY2022Q4	mvst	Land Use Rights Net LandUseRightsNet	12639000	usd
CY2023Q4	mvst	Land Use Rights Net LandUseRightsNet	11984000	usd
CY2022Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	48747000	usd
CY2023Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	86379000	usd
CY2022Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	29331000	usd
CY2023Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	35867000	usd
CY2022Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	6174000	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	27503000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	84252000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	149749000	usd
CY2021	us-gaap	Inventory Write Down InventoryWriteDown	18295000	usd
CY2022	us-gaap	Inventory Write Down InventoryWriteDown	4789000	usd
CY2023	us-gaap	Inventory Write Down InventoryWriteDown	3613000	usd
CY2022Q4	us-gaap	Value Added Tax Receivable ValueAddedTaxReceivable	2408000	usd
CY2023Q4	us-gaap	Value Added Tax Receivable ValueAddedTaxReceivable	14279000	usd
CY2022Q4	us-gaap	Supplies Supplies	5075000	usd
CY2023Q4	us-gaap	Supplies Supplies	5800000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	3374000	usd
CY2023Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	3972000	usd
CY2022Q4	us-gaap	Deposit Assets DepositAssets	925000	usd
CY2023Q4	us-gaap	Deposit Assets DepositAssets	950000	usd
CY2022Q4	us-gaap	Other Receivables OtherReceivables	311000	usd
CY2023Q4	us-gaap	Other Receivables OtherReceivables	751000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	12093000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	25752000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	240500000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	407063000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	100902000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	108309000	usd
CY2022Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	195542000	usd
CY2023Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	321913000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	335140000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	620667000	usd
CY2021	us-gaap	Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1 AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1	19975000	usd
CY2022	us-gaap	Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1 AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1	19811000	usd
CY2023	us-gaap	Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1 AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1	22141000	usd
CY2021	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	2443000	usd
CY2022	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	1798000	usd
CY2023	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	504000	usd
CY2022Q4	mvst	Cost Of Land Use Rights CostOfLandUseRights	15143000	usd
CY2023	mvst	Estimated Usage Term Period EstimatedUsageTermPeriod	P50Y
CY2021	mvst	Amortization Of Land Use Rights AmortizationOfLandUseRights	325000	usd
CY2022	mvst	Amortization Of Land Use Rights AmortizationOfLandUseRights	310000	usd
CY2023	mvst	Amortization Of Land Use Rights AmortizationOfLandUseRights	294000	usd
CY2023	mvst	Land Use Rights Expected Amortization Year Five LandUseRightsExpectedAmortizationYearFive	294000	usd
CY2023	mvst	Land Use Rights Expected Amortization Year Two LandUseRightsExpectedAmortizationYearTwo	294000	usd
CY2023	mvst	Land Use Rights Expected Amortization Year Three LandUseRightsExpectedAmortizationYearThree	294000	usd
CY2023	mvst	Land Use Rights Expected Amortization After Year Five LandUseRightsExpectedAmortizationAfterYearFive	294000	usd
CY2023	mvst	Land Use Rights Expected Amortization Year Four LandUseRightsExpectedAmortizationYearFour	294000	usd
CY2023	mvst	Land Use Rights Expected Amortization Year One LandUseRightsExpectedAmortizationYearOne	294000	usd
CY2022	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	3493000	usd
CY2023	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	5472000	usd
CY2022	mvst	Acquired Intangible Assets Accumulated Amortizations AcquiredIntangibleAssetsAccumulatedAmortizations	1857000	usd
CY2023	mvst	Acquired Intangible Assets Accumulated Amortizations AcquiredIntangibleAssetsAccumulatedAmortizations	2336000	usd
CY2022	mvst	Acquired Intangible Assets Net AcquiredIntangibleAssetsNet	1636000	usd
CY2023	mvst	Acquired Intangible Assets Net AcquiredIntangibleAssetsNet	3136000	usd
CY2021	mvst	Amortization Expense AmortizationExpense	413000	usd
CY2022	mvst	Amortization Expense AmortizationExpense	244000	usd
CY2023	mvst	Amortization Expense AmortizationExpense	493000	usd
CY2022	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	0	usd
CY2023	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	0	usd
CY2021	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	0	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	488000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	484000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	482000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	476000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	385000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	821000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3136000	usd
CY2022Q4	mvst	Payables For Purchase Of Property Plant And Equipment PayablesForPurchaseOfPropertyPlantAndEquipment	29183000	usd
CY2023Q4	mvst	Payables For Purchase Of Property Plant And Equipment PayablesForPurchaseOfPropertyPlantAndEquipment	96350000	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	8608000	usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	14312000	usd
CY2022Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	13044000	usd
CY2023Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	13738000	usd
CY2022Q4	mvst	Accrued Payroll And Welfare AccruedPayrollAndWelfare	4716000	usd
CY2023Q4	mvst	Accrued Payroll And Welfare AccruedPayrollAndWelfare	8089000	usd
CY2022Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	6296000	usd
CY2023Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	7117000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	2641000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	6224000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	1934000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2413000	usd
CY2022Q4	us-gaap	Interest Payable Current InterestPayableCurrent	298000	usd
CY2023Q4	us-gaap	Interest Payable Current InterestPayableCurrent	41000	usd
CY2022Q4	mvst	Accrued Expense And Other Liabilities Current AccruedExpenseAndOtherLiabilitiesCurrent	66720000	usd
CY2023Q4	mvst	Accrued Expense And Other Liabilities Current AccruedExpenseAndOtherLiabilitiesCurrent	148284000	usd
CY2020Q4	mvst	Movement Of Product Warranty Opening Balance MovementOfProductWarrantyOpeningBalance	19356000	usd
CY2021Q4	mvst	Movement Of Product Warranty Opening Balance MovementOfProductWarrantyOpeningBalance	58458000	usd
CY2022Q4	mvst	Movement Of Product Warranty Opening Balance MovementOfProductWarrantyOpeningBalance	42060000	usd
CY2021	mvst	Warranty Expense Provided During The Period WarrantyExpenseProvidedDuringThePeriod	52932000	usd
CY2022	mvst	Warranty Expense Provided During The Period WarrantyExpenseProvidedDuringThePeriod	14097000	usd
CY2023	mvst	Warranty Expense Provided During The Period WarrantyExpenseProvidedDuringThePeriod	12688000	usd
CY2021	mvst	Utilization Of The Product Warranty During The Period UtilizationOfTheProductWarrantyDuringThePeriod	13830000	usd
CY2022	mvst	Utilization Of The Product Warranty During The Period UtilizationOfTheProductWarrantyDuringThePeriod	26916000	usd
CY2023	mvst	Utilization Of The Product Warranty During The Period UtilizationOfTheProductWarrantyDuringThePeriod	18379000	usd
CY2021	mvst	Exchange Difference Of The Product Warranty During The Period ExchangeDifferenceOfTheProductWarrantyDuringThePeriod	0	usd
CY2022	mvst	Exchange Difference Of The Product Warranty During The Period ExchangeDifferenceOfTheProductWarrantyDuringThePeriod	-3579000	usd
CY2023	mvst	Exchange Difference Of The Product Warranty During The Period ExchangeDifferenceOfTheProductWarrantyDuringThePeriod	-1152000	usd
CY2021Q4	mvst	Movement Of Product Warranty Ending Balance MovementOfProductWarrantyEndingBalance	58458000	usd
CY2022Q4	mvst	Movement Of Product Warranty Ending Balance MovementOfProductWarrantyEndingBalance	42060000	usd
CY2023Q4	mvst	Movement Of Product Warranty Ending Balance MovementOfProductWarrantyEndingBalance	35217000	usd
CY2021Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	20922000	usd
CY2022Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	13044000	usd
CY2023Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	13738000	usd
CY2021Q4	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	37536000	usd
CY2022Q4	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	29016000	usd
CY2023Q4	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	21479000	usd
CY2021	mvst	Warrants Expense WarrantsExpense	46485000	usd
CY2022Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	465000	usd
CY2023Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	6171000	usd
CY2022	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	492000	usd
CY2023	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	1503000	usd
CY2020Q4	mvst	Bank Borrowings Beginning Balance BankBorrowingsBeginningBalance	12184000	usd
CY2021Q4	mvst	Bank Borrowings Beginning Balance BankBorrowingsBeginningBalance	13301000	usd
CY2022Q4	mvst	Bank Borrowings Beginning Balance BankBorrowingsBeginningBalance	46395000	usd
CY2021	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	38926000	usd
CY2022	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	58708000	usd
CY2023	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	47852000	usd
CY2021	mvst	Repayments Of Principal RepaymentsOfPrincipal	37568000	usd
CY2022	mvst	Repayments Of Principal RepaymentsOfPrincipal	24482000	usd
CY2023	mvst	Repayments Of Principal RepaymentsOfPrincipal	14119000	usd
CY2021	mvst	Exchange Difference ExchangeDifference	-241000	usd
CY2022	mvst	Exchange Difference ExchangeDifference	-1132000	usd
CY2023	mvst	Exchange Difference ExchangeDifference	-975000	usd
CY2021Q4	mvst	Bank Borrowings Ending Balance BankBorrowingsEndingBalance	13301000	usd
CY2022Q4	mvst	Bank Borrowings Ending Balance BankBorrowingsEndingBalance	46395000	usd
CY2023Q4	mvst	Bank Borrowings Ending Balance BankBorrowingsEndingBalance	79153000	usd
CY2022Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	17398000	usd
CY2023Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	35392000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	28997000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	43761000	usd
CY2022Q4	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	46395000	usd
CY2023Q4	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	79153000	usd
CY2022Q4	mvst	Pledged Buildings PledgedBuildings	27245000	usd
CY2023Q4	mvst	Pledged Buildings PledgedBuildings	124565000	usd
CY2022Q4	mvst	Pledged Land Use Rights PledgedLandUseRights	12639000	usd
CY2023Q4	mvst	Pledged Land Use Rights PledgedLandUseRights	11984000	usd
CY2022Q4	mvst	Pledged Total Asset PledgedTotalAsset	39884000	usd
CY2023Q4	mvst	Pledged Total Asset PledgedTotalAsset	136549000	usd
CY2022Q4	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	29016000	usd
CY2023Q4	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	21479000	usd
CY2022Q4	mvst	Deferred Subsidy Income Noncurrent DeferredSubsidyIncomeNoncurrent	3066000	usd
CY2023Q4	mvst	Deferred Subsidy Income Noncurrent DeferredSubsidyIncomeNoncurrent	3382000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	32082000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	24861000	usd
CY2022Q4	mvst	Long Term Bonds Payable LongTermBondsPayable	43888000	usd
CY2023Q4	mvst	Long Term Bonds Payable LongTermBondsPayable	43157000	usd
CY2018Q4	mvst	Bond Loan BondLoan	87776000	usd
CY2018Q4	mvst	Bond Loan BondLoan	600000000	cny
CY2018Q4	mvst	Equity Holding Pledged Percentage EquityHoldingPledgedPercentage	0.1239
CY2023	mvst	Debt Instrument Convertible Amount Subsidiary Value Threshold DebtInstrumentConvertibleAmountSubsidiaryValueThreshold	950000000	usd
CY2022Q4	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	14629000	usd
CY2022Q4	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	100000000	cny
CY2022Q4	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	14630000	usd
CY2022Q4	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	100000000	cny
CY2023Q4	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.12
CY2023	mvst	Repayments Of Bonds Payable RepaymentsOfBondsPayable	692000	usd
CY2018Q4	mvst	Aggregate Amount Of Bond Loan AggregateAmountOfBondLoan	73147000	usd
CY2018Q4	mvst	Aggregate Amount Of Bond Loan AggregateAmountOfBondLoan	500000000	cny
CY2020Q4	mvst	Subscribed By Bond Holders SubscribedByBondHolders	29915000	usd
CY2020Q4	mvst	Subscribed By Bond Holders SubscribedByBondHolders	204500000	cny
CY2021Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Preferred Stock IncrementalCommonSharesAttributableToConversionOfPreferredStock	6719845	shares
CY2021Q1	mvst	Purchase Agreement To Issue Convertible Promissory Note Amount PurchaseAgreementToIssueConvertiblePromissoryNoteAmount	57500000	usd
CY2022Q2	mvst	Interest Rate InterestRate	0.06
CY2021	mvst	Gain Loss On Changes In Fair Value Of Convertible Notes GainLossOnChangesInFairValueOfConvertibleNotes	-9861000	usd
CY2021Q3	us-gaap	Conversion Of Stock Shares Converted1 ConversionOfStockSharesConverted1	6736106	shares
CY2021Q3	us-gaap	Stock Issued During Period Shares Purchase Of Assets StockIssuedDuringPeriodSharesPurchaseOfAssets	27600000	shares
CY2021Q3	mvst	Class Of Warrant Or Right Exercisable Period ClassOfWarrantOrRightExercisablePeriod	P30D
CY2021Q3	mvst	Class Of Warrant Or Right Registration Completion Period ClassOfWarrantOrRightRegistrationCompletionPeriod	P90D
CY2021Q3	mvst	Warrant Term WarrantTerm	P5Y
CY2022Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	231420000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	71197000	usd
CY2022Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	302617000	usd
CY2022Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	126000	usd
CY2022Q4	us-gaap	Financial Liabilities Fair Value Disclosure FinancialLiabilitiesFairValueDisclosure	126000	usd
CY2023Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	44541000	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	43648000	usd
CY2023Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	88189000	usd
CY2023Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	67000	usd
CY2023Q4	us-gaap	Financial Liabilities Fair Value Disclosure FinancialLiabilitiesFairValueDisclosure	67000	usd
CY2021Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	1105000	usd
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	126000	usd
CY2022	mvst	Assumed Warrant Liability Upon Merger AssumedWarrantLiabilityUponMerger	0	usd
CY2023	mvst	Assumed Warrant Liability Upon Merger AssumedWarrantLiabilityUponMerger	0	usd
CY2023	mvst	Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Income Extensible List Not Disclosed Flag FairValueRecurringBasisUnobservableInputReconciliationLiabilityGainLossStatementOfIncomeExtensibleListNotDisclosedFlag	true
CY2022	mvst	Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Income Extensible List Not Disclosed Flag FairValueRecurringBasisUnobservableInputReconciliationLiabilityGainLossStatementOfIncomeExtensibleListNotDisclosedFlag	true
CY2022	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	979000	usd
CY2023	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	59000	usd
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	126000	usd
CY2023Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	67000	usd
CY2023	us-gaap	Operating Lease Cost OperatingLeaseCost	3663000	usd
CY2023	us-gaap	Short Term Lease Cost ShortTermLeaseCost	435000	usd
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P10Y2M12D
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.052
CY2023	us-gaap	Operating Lease Payments OperatingLeasePayments	3633000	usd
CY2023	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	5725000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	3341000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	2822000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	2567000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	2437000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	1861000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	11818000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	24846000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	5346000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	19500000	usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Tax Holidays EffectiveIncomeTaxRateReconciliationTaxHolidays	0.80
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Tax Holidays EffectiveIncomeTaxRateReconciliationTaxHolidays	0.80
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	33000	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-98821000	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-116353000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-101077000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-107662000	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-41814000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-5325000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-206483000	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-158167000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-106402000	usd
CY2021	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	33000	usd
CY2023	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	10000	usd
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	33000	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	54459000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	67569000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	3311000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	1385000	usd
CY2022Q4	mvst	Deferred Tax Assets Product Warranty DeferredTaxAssetsProductWarranty	6309000	usd
CY2023Q4	mvst	Deferred Tax Assets Product Warranty DeferredTaxAssetsProductWarranty	5306000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Property Plant And Equipment DeferredTaxAssetsPropertyPlantAndEquipment	1367000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Property Plant And Equipment DeferredTaxAssetsPropertyPlantAndEquipment	282000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Deferred Income DeferredTaxAssetsDeferredIncome	334000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Deferred Income DeferredTaxAssetsDeferredIncome	397000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities	235000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities	669000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	838000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	615000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	66853000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	76223000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2023Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2020Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	37287000	usd
CY2021Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	55100000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	66853000	usd
CY2021	mvst	Deferred Tax Assets Valuation Allowance Additions DeferredTaxAssetsValuationAllowanceAdditions	17912000	usd
CY2022	mvst	Deferred Tax Assets Valuation Allowance Additions DeferredTaxAssetsValuationAllowanceAdditions	11838000	usd
CY2023	mvst	Deferred Tax Assets Valuation Allowance Additions DeferredTaxAssetsValuationAllowanceAdditions	12725000	usd
CY2021	mvst	Deferred Tax Assets Valuation Allowance Reversal DeferredTaxAssetsValuationAllowanceReversal	99000	usd
CY2022	mvst	Deferred Tax Assets Valuation Allowance Reversal DeferredTaxAssetsValuationAllowanceReversal	85000	usd
CY2023	mvst	Deferred Tax Assets Valuation Allowance Reversal DeferredTaxAssetsValuationAllowanceReversal	3355000	usd
CY2021Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	55100000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	66853000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	76223000	usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021	mvst	Loss Before Incomes Taxes LossBeforeIncomesTaxes	-206483000	usd
CY2022	mvst	Loss Before Incomes Taxes LossBeforeIncomesTaxes	-158167000	usd
CY2023	mvst	Loss Before Incomes Taxes LossBeforeIncomesTaxes	-106402000	usd
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2023	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-43361000	usd
CY2022	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-33214000	usd
CY2023	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-22343000	usd
CY2021	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	17408000	usd
CY2022	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	20098000	usd
CY2023	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	13644000	usd
CY2021	mvst	Effective Income Tax Rate Reconciliation Permanent Differences Amount EffectiveIncomeTaxRateReconciliationPermanentDifferencesAmount	-1411000	usd
CY2022	mvst	Effective Income Tax Rate Reconciliation Permanent Differences Amount EffectiveIncomeTaxRateReconciliationPermanentDifferencesAmount	-4295000	usd
CY2023	mvst	Effective Income Tax Rate Reconciliation Permanent Differences Amount EffectiveIncomeTaxRateReconciliationPermanentDifferencesAmount	-220000	usd
CY2021	mvst	Effective Income Tax Rate Reconciliation Tax Effect Of Income Tax Rate Difference In Other Jurisdiction Amount EffectiveIncomeTaxRateReconciliationTaxEffectOfIncomeTaxRateDifferenceInOtherJurisdictionAmount	6287000	usd
CY2022	mvst	Effective Income Tax Rate Reconciliation Tax Effect Of Income Tax Rate Difference In Other Jurisdiction Amount EffectiveIncomeTaxRateReconciliationTaxEffectOfIncomeTaxRateDifferenceInOtherJurisdictionAmount	1657000	usd
CY2023	mvst	Effective Income Tax Rate Reconciliation Tax Effect Of Income Tax Rate Difference In Other Jurisdiction Amount EffectiveIncomeTaxRateReconciliationTaxEffectOfIncomeTaxRateDifferenceInOtherJurisdictionAmount	-1411000	usd
CY2021	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	21077000	usd
CY2022	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	15754000	usd
CY2023	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	10330000	usd
CY2021	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	0	usd
CY2022	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	33000	usd
CY2023	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	10000	usd
CY2021	mvst	Effective Income Tax Rate Reconciliation Income Tax Expenses Amount EffectiveIncomeTaxRateReconciliationIncomeTaxExpensesAmount	0	usd
CY2022	mvst	Effective Income Tax Rate Reconciliation Income Tax Expenses Amount EffectiveIncomeTaxRateReconciliationIncomeTaxExpensesAmount	33000	usd
CY2023	mvst	Effective Income Tax Rate Reconciliation Income Tax Expenses Amount EffectiveIncomeTaxRateReconciliationIncomeTaxExpensesAmount	10000	usd
CY2023Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	381636000	usd
CY2023Q4	mvst	Remaining Operating Loss RemainingOperatingLoss	114053000	usd
CY2017Q1	mvst	Noncontrolling Interest Percentage NoncontrollingInterestPercentage	0.1739
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	400000000	usd
CY2018Q1	mvst	Redemption Of Noncontrolling Equity Interest Percentage RedemptionOfNoncontrollingEquityInterestPercentage	0.1405
CY2018Q1	mvst	Simple Annual Interest SimpleAnnualInterest	0.0600
CY2021Q1	mvst	Payments To Exiting Investors PaymentsToExitingInvestors	30000000	usd
CY2021Q3	mvst	Convertible Of Common Shares ConvertibleOfCommonShares	17253182	shares
CY2022Q4	mvst	Investments In Affiliates Subsidiaries Associates And Joint Venture InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenture	7246000	usd
CY2021	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2022	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2023	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-76000	usd
CY2023Q4	us-gaap	Temporary Equity Shares Authorized TemporaryEquitySharesAuthorized	800000000	shares
CY2023Q4	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	0.0001
CY2023	mvst	Designated As Common Stock Shares DesignatedAsCommonStockShares	750000000	shares
CY2023	mvst	Designated As Redeemable Convertible Preferred Stock DesignatedAsRedeemableConvertiblePreferredStock	50000000	shares
CY2021Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	300516237	shares
CY2021Q3	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	0.0001
CY2021Q3	mvst	Common Stock Voting Rights Number Of Votes CommonStockVotingRightsNumberOfVotes	1	vote
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	316694442	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	315006942	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	36091071	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	6.08
CY2022Q4	mvst	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue	4.80
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P6Y9M18D
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	640000	shares
CY2023	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	1.77
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	1.18
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	3854389	shares
CY2023	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	5.93
CY2023	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue	4.79
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	32876682	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	6.01
CY2023Q4	mvst	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue	4.73
CY2023	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P5Y8M12D
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber	32876682	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice	6.01
CY2023Q4	mvst	Share Based Compensation Arrangement By Share Based Payment Award Options Expected To Vest And Exercisable Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpectedToVestAndExercisableWeightedAverageGrantDateFairValue	4.73
CY2023	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1	P5Y8M12D
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	21366586	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	6.11
CY2023Q4	mvst	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue	4.85
CY2023	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P5Y9M18D
CY2023	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	29708000	usd
CY2023	us-gaap	Net Amount At Risk By Product And Guarantee Weighted Average Period Remaining1 NetAmountAtRiskByProductAndGuaranteeWeightedAveragePeriodRemaining1	P0Y8M12D
CY2023Q4	mvst	Aggregate Intrinsic Value Of The Share Options AggregateIntrinsicValueOfTheShareOptions	10000	usd
CY2023	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	2839000	usd
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost	5282000	usd
CY2021	mvst	Share Based Compensation Cost Of Sales ShareBasedCompensationCostOfSales	4309000	usd
CY2022	mvst	Share Based Compensation Cost Of Sales ShareBasedCompensationCostOfSales	7712000	usd
CY2023	mvst	Share Based Compensation Cost Of Sales ShareBasedCompensationCostOfSales	6091000	usd
CY2021	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	59492000	usd
CY2022	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	67261000	usd
CY2023	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	43831000	usd
CY2021	us-gaap	Other Research And Development Expense OtherResearchAndDevelopmentExpense	13064000	usd
CY2022	us-gaap	Other Research And Development Expense OtherResearchAndDevelopmentExpense	13987000	usd
CY2023	us-gaap	Other Research And Development Expense OtherResearchAndDevelopmentExpense	11103000	usd
CY2021	us-gaap	Other Selling And Marketing Expense OtherSellingAndMarketingExpense	6029000	usd
CY2022	us-gaap	Other Selling And Marketing Expense OtherSellingAndMarketingExpense	6745000	usd
CY2023	us-gaap	Other Selling And Marketing Expense OtherSellingAndMarketingExpense	3946000	usd
CY2021	mvst	Share Based Compensation Construction In Process ShareBasedCompensationConstructionInProcess	237000	usd
CY2022	mvst	Share Based Compensation Construction In Process ShareBasedCompensationConstructionInProcess	525000	usd
CY2023	mvst	Share Based Compensation Construction In Process ShareBasedCompensationConstructionInProcess	343000	usd
CY2021	mvst	Stock Based Compensation Total StockBasedCompensationTotal	83131000	usd
CY2022	mvst	Stock Based Compensation Total StockBasedCompensationTotal	96230000	usd
CY2023	mvst	Stock Based Compensation Total StockBasedCompensationTotal	65314000	usd
CY2021	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	2774000	usd
CY2022	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	3370000	usd
CY2023	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	3552000	usd
CY2023	mvst	Reserve Percentage ReservePercentage	0.10
CY2023	mvst	Registered Capital Percentage RegisteredCapitalPercentage	0.50
CY2022Q4	mvst	Restricted Net Asset RestrictedNetAsset	523087000	usd
CY2023Q4	mvst	Restricted Net Asset RestrictedNetAsset	528337000	usd
CY2023	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2023	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2022Q4	us-gaap	Noncurrent Assets NoncurrentAssets	347779000	usd
CY2022Q4	mvst	Long Lived Assets Percentage LongLivedAssetsPercentage	1
CY2023Q4	us-gaap	Noncurrent Assets NoncurrentAssets	632651000	usd
CY2023Q4	mvst	Long Lived Assets Percentage LongLivedAssetsPercentage	1
CY2021	us-gaap	Revenues Revenues	151976000	usd
CY2021	mvst	Revenues Percentage RevenuesPercentage	1
CY2022	us-gaap	Revenues Revenues	204495000	usd
CY2022	mvst	Revenues Percentage RevenuesPercentage	1
CY2023	us-gaap	Revenues Revenues	306617000	usd
CY2023	mvst	Revenues Percentage RevenuesPercentage	1
CY2021	mvst	Loans From Related Parties LoansFromRelatedParties	8426000	usd
CY2022	mvst	Loans From Related Parties LoansFromRelatedParties	0	usd
CY2023	mvst	Loans From Related Parties LoansFromRelatedParties	0	usd
CY2022Q4	mvst	Outstanding Balance Due From Related Party OutstandingBalanceDueFromRelatedParty	0	usd
CY2021	mvst	Net Income Loss Available To Common Stockholders NetIncomeLossAvailableToCommonStockholders	-234103000	usd
CY2022	mvst	Net Income Loss Available To Common Stockholders NetIncomeLossAvailableToCommonStockholders	-158200000	usd
CY2023	mvst	Net Income Loss Available To Common Stockholders NetIncomeLossAvailableToCommonStockholders	-106336000	usd
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	185896482	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	185896482	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	303279188	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	303279188	shares
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	310909379	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	310909379	shares
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.26
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.26
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.52
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.52
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.34
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.34
CY2021	mvst	Shares Issuable Upon Exercise Of Share Options SharesIssuableUponExerciseOfShareOptions	33786356	shares
CY2022	mvst	Shares Issuable Upon Exercise Of Share Options SharesIssuableUponExerciseOfShareOptions	35244877	shares
CY2023	mvst	Shares Issuable Upon Exercise Of Share Options SharesIssuableUponExerciseOfShareOptions	35572123	shares
CY2021	mvst	Shares Issuable Upon Vesting Of Non Vested Shares SharesIssuableUponVestingOfNonVestedShares	167268	shares
CY2022	mvst	Shares Issuable Upon Vesting Of Non Vested Shares SharesIssuableUponVestingOfNonVestedShares	1399711	shares
CY2023	mvst	Shares Issuable Upon Vesting Of Non Vested Shares SharesIssuableUponVestingOfNonVestedShares	3623777	shares
CY2021	mvst	Shares Issuable Upon Exercise Of Capped Non Vested Shares SharesIssuableUponExerciseOfCappedNonVestedShares	0	shares
CY2022	mvst	Shares Issuable Upon Exercise Of Capped Non Vested Shares SharesIssuableUponExerciseOfCappedNonVestedShares	7314598	shares
CY2023	mvst	Shares Issuable Upon Exercise Of Capped Non Vested Shares SharesIssuableUponExerciseOfCappedNonVestedShares	10393732	shares
CY2021	mvst	Shares Issuable Upon Exercise Of Warrants SharesIssuableUponExerciseOfWarrants	12543444	shares
CY2022	mvst	Shares Issuable Upon Exercise Of Warrants SharesIssuableUponExerciseOfWarrants	28437000	shares
CY2023	mvst	Shares Issuable Upon Exercise Of Warrants SharesIssuableUponExerciseOfWarrants	28437000	shares
CY2021	mvst	Shares Issuable Upon Conversion Of Noncontrolling Interests Subsidiary SharesIssuableUponConversionOfNoncontrollingInterestsSubsidiary	9595605	shares
CY2022	mvst	Shares Issuable Upon Conversion Of Noncontrolling Interests Subsidiary SharesIssuableUponConversionOfNoncontrollingInterestsSubsidiary	0	shares
CY2023	mvst	Shares Issuable Upon Conversion Of Noncontrolling Interests Subsidiary SharesIssuableUponConversionOfNoncontrollingInterestsSubsidiary	0	shares
CY2021	mvst	Shares Issuable Upon Vesting Of Earnout Shares SharesIssuableUponVestingOfEarnoutShares	8821913	shares
CY2022	mvst	Shares Issuable Upon Vesting Of Earnout Shares SharesIssuableUponVestingOfEarnoutShares	19999988	shares
CY2023	mvst	Shares Issuable Upon Vesting Of Earnout Shares SharesIssuableUponVestingOfEarnoutShares	19999988	shares
CY2021	mvst	Shares Issuable That May Be Subject To Cancellation In Shares SharesIssuableThatMayBeSubjectToCancellationInShares	744349	shares
CY2022	mvst	Shares Issuable That May Be Subject To Cancellation In Shares SharesIssuableThatMayBeSubjectToCancellationInShares	1687500	shares
CY2023	mvst	Shares Issuable That May Be Subject To Cancellation In Shares SharesIssuableThatMayBeSubjectToCancellationInShares	1687500	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	750000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	750000000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	309316011	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	316694442	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	307628511	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	315006942	shares
CY2023	dei	Auditor Firm AuditorFirmId	1113

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FilingSummary.xml	Edgar Link	unprocessable

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$MVST
Microvast Holdings, Inc. Stock $mvst

2024 Q1 Form 10-K Financial Statement

#000176068924000007 Filed on April 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MVST Microvast Holdings, Inc. Stock $mvst

2024 Q1 Form 10-K Financial Statement

#000176068924000007 Filed on April 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MVST
Microvast Holdings, Inc. Stock $mvst