Enovix Corporation (ENVX) designs, develops, and commercially manufactures an advanced silicon-anode lithium-ion (Li-ion) battery using its three-dimensional (3D) cell architecture.
In order to capitalize on the growing demand for batteries to drive the electrification of mobility, power the ever-increasing digitization of lifestyles, and manage the intermittency of renewable energy production, on March 9, ENVX announced that its first high-volume manufacturing facility (Fab-2) would be located in Penang, Malaysia.
