Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Vogel Stephen A	2. Issuer Name and Ticker or Trading Symbol Microvast Holdings, Inc. [ MVST ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) 135 E. 57TH STREET, 18TH FLOOR	3. Date of Earliest Transaction (MM/DD/YYYY) 7/23/2021
(Street) NEW YORK, NY 10022 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	7/23/2021		J⁽¹⁾		1964269	D	$0	5404320	I	By Tuscan Holdings Acquisition LLC ⁽²⁾
Common Stock	7/23/2021		C		150000	A	$10	150000	D

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Warrants	$11.5	7/23/2021		J ⁽¹⁾			167577	⁽³⁾	⁽⁴⁾	Common Stock	167577	$0	391012	I	By Tuscan Holdings Acquisition LLC ⁽²⁾
Convertible Promissory Note	$10	7/23/2021		A		$1500000		⁽⁵⁾	⁽⁵⁾	Units	150000	$10	$1500000	D
Convertible Promissory Notes	$10	7/23/2021		C			150000	⁽⁵⁾	⁽⁵⁾	Units ⁽⁶⁾	150000	$10	0	D
Warrants	$11.5	7/23/2021		C		150000		⁽³⁾	⁽⁴⁾	Common Stock	150000	$10	541012	D

Explanation of Responses:
(1)	Represents the pro rata distribution of securities from Tuscan Holdings Acquisition LLC to a member.
(2)	The reporting person is the sole managing member of this entity.
(3)	The warrants will become exercisable 30 days after completion of the Issuer's initial business combination.
(4)	The warrants expire on the fifth anniversary of the completion of the Issuer's initial business combination.
(5)	The promissory note was convertible, at the holder's option, upon the closing of the Issuer's initial business combination, into 150,000 units, each unit consisting of 1 share of common stock and 1 warrant. The aggregate principal amount of notes not so converted would be repaid upon the closing of the Issuer's initial business combination.
(6)	Upon the completion of the Issuer's initial business combination, each unit was split into 1 share of common stock and 1 warrant.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Vogel Stephen A 135 E. 57TH STREET, 18TH FLOOR NEW YORK, NY 10022	X