Microvast Holdings, Inc. (MVST) stands out with a low price-to-earnings multiple and strong hedge fund interest, making it one of the 9 Cheap Solid State Battery Stocks to Invest in Now. Innovation, international growth, and strong financials drive MVST’s future growth in the battery technology industry. MVST entered the marine electrification market in 2024 with its MV-I battery, paving the way for aviation and defense industries. In January 2025, MVST unveiled a breakthrough in True All-Solid-State Battery technology, leading to a 43.2% YoY sales spike and a $61.8 million profit in Q1 2025. MVST showcased its newest high-energy and fast-charging batteries at the China International Battery Fair, positioning the company for continued growth with shares rising 694% in the last year. MVST provides solid-state energy storage solutions for EVs, making it a compelling low-cost investment in the sector and included in the list of cheap solid state battery stocks. While MVST shows potential as an investment, certain AI stocks offer greater upside potential with less downside risk. For more insights, explore the best short-term AI stock report.

Read more at Yahoo Finance: Innovation, International Growth, and Strong Financials Drive Microvast Holdings, Inc. (MVST)’s Future Growth