Microvast Investors File Class Actions Alleging Overstated Targets

Kaplan Fox & Kilsheimer and Levi & Korsinsky report that securities class actions have been filed on behalf of Microvast Holdings investors who purchased or acquired the company’s securities between April 1, 2025, and March 16, 2026. The complaints allege Microvast overstated its ability to meet margin targets and complete the Huzhou Phase 3.2 manufacturing expansion by the end of 2025, while failing to disclose inventory-management problems and delays in customers’ commercial-vehicle rollouts. The allegations reportedly emerged through company disclosures and a June 2025 Grizzly Research report questioning Microvast’s production activity and commercial prospects. Investors seeking to serve as lead plaintiff generally had to act by September 21, 2026; the allegations have not been proven in court.