| Ticker: | ENVX |
| Current Price: | $2.44 |
| % Daily Change: | -2.79% |
| Volume (1,000s): | 19,399.06 |
| Average Volume (1,000s): | 6,592.55 |
| Market Cap (M): | $535.45 |
| 1/2/2024 Price: | $12.66 |
| Change Since Inception: | -80.73% |
Enovix Corporation
3501 West Warren Avenue
Fremont, CA 94538
United States
Based in Fremont, California, Enovix Corporation is redefining the limits of battery technology. Since its founding in 2007, the company has focused on developing high-energy density silicon-anode lithium-ion batteries. Unlike traditional batteries that use graphite, Enovix utilizes a unique 3D cell architecture to pack more power into smaller, more efficient packages.
This innovative design allows the company to overcome the physical swelling issues typically associated with silicon. Their batteries offer significantly higher capacity for the next generation of mobile devices, laptops, and wearables. To meet global demand, Enovix currently scales its high-volume manufacturing capabilities through advanced facilities like Fab2 in Malaysia. By automating the production process, they ensure that their BrakeFlow safety technology and high-performance cells reach the market with consistent quality.
The company serves a wide range of sectors, including consumer electronics, Internet of Things (IoT) devices, and the automotive industry. Their technology empowers manufacturers to create slimmer, more powerful products without sacrificing battery life or safety. Ultimately, Enovix aims to lead the transition toward a silicon-driven future, providing the essential energy storage needed for an increasingly mobile and electrified world.