Enovix Begins Shipment Of EX-1M Battery Cells To Customers From Malaysia Fab
Portfolio Pulse from Benzinga Newsdesk
Enovix Corporation has started shipping EX-1M battery cell samples from its new facility in Malaysia, marking a significant step towards scaling production. The company aims for high-volume production by 2025, following successful UN38.3 certification.
October 02, 2024 | 12:40 pm
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Enovix has started shipping EX-1M battery cell samples from its new Malaysia facility, a key milestone in scaling production. The company is on track for high-volume production by 2025, following successful UN38.3 certification.
The commencement of shipments from the new Malaysia facility is a significant operational milestone for Enovix, indicating progress towards scaling production. The successful UN38.3 certification enhances the credibility and safety assurance of their products, likely boosting investor confidence and positively impacting the stock price in the short term.
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