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DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Company’s Major Subsidiaries
As of December 31, 2023, details of the Company’s major subsidiaries are as follows:
SubsidiariesPlace of incorporationDate of
incorporation
Percentage
of ownership
Microvast, Inc. (“Microvast”)
Delaware, USAOctober 2006100 %
Microvast Power Solutions, Inc (“MP Solutions”)
Texas, USAJuly 2013100 %
Microvast Power Systems Co., Ltd. (“MPS”)
Huzhou, PRCDecember 2006100 %
Microvast GmbH (“MV GmbH”)
GermanyMay 2016100 %
Huzhou Hongwei New Energy Automobile Co., Ltd. (“Hongwei”)
Huzhou, PRCDecember 2016100 %
Microvast Energy, Inc. (“MV Energy”)
Colorado, USAJuly 2022100 %