🔥 Enovix brings a revolution in batteries! 🔋
Enovix $ENVX, a pioneer in high-performance batteries, has just announced a key innovation that could shake up the mobile phone market. Their second generation battery , the EX-2M, has been shipped to the first customers for testing. These batteries deliver 10% higher energy density than their predecessor , the EX-1M, which means longer life and greater efficiency for smartphones and other devices. 📱
🔮 What's in store for the next few years?
2025: Mass production EX-1M will begin to change the mobile electronics market.
2026: EX-2M will become the standard that will ensure Enovix a leading position in battery technology.
💼 Enovix also announced first order for custom samples from a major customer in the mobile phone industry, confirming confidence in the superior quality of their products. This is a key step that opens the door to the commercialization of the next generation of batteries.
💬 Statement from company leaders:
Raj Talluri, CEO : "Our progress with EX-2M technology is moving us towards significant revenue growth and further market-changing innovations. With the successful development of Fab2, we are poised to meet growing demand."
T.J. Rodgers, Executive Chairman of the Board : "Since 2012, we have worked hard to bring revolutionary batteries to market. Today is proof that we are on the right track."
🌍 Why is Enovix unique?
The company comes up with batteries that offer the following thanks to their innovative architecture and materials:
Maximum performance without compromising safety.
Solutions for future technologies - IoT, smartphones, VR and more.
Environmental friendliness through efficient manufacturing.
These announcements confirm that Enovix has all the ingredients to become a leader in energy technology. With the growth in demand for batteries, the company is in a key position to benefit from market expansion.
The company's shares rose by more than 20% following the announcement.
What is your opinion of this company? Does anyone hold shares in this company?
It's possible that the stock will go up, but I'm not going to invest in it. The company is not profitable and the overall financials don't look good.
Interesting business, however, the stock is hardly growing at all and overall it is not a stock that would fit in my portfolio.
From what you write, it looks like the company has really great potential, has a pretty big advantage and will be one of the best companies in its field. That doesn't look bad at all.