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Enovix Selected by U.S. Department of Energy for Fiscal Year 2020 Advanced Vehicle Technologies Research Funding

Aug 26, 2020•almost 5 years ago
Fremont

Description

U.S. Secretary of Energy Dan Brouillette has announced FY2020 federal funding for projects that will support new and innovative advanced vehicle technologies. Enovix Corporation has been selected to advance research and development on lithium-ion batteries using silicon-based anodes. The selection, recommended by the Vehicle Technologies Office, authorizes Enovix to complete negotiations for a $3.2 million federal award funded through the U.S

Company Information

Company

Enovix

Location

Fremont, California, United States

About

Enovix has developed a lithium-ion battery that incorporates a 100% active silicon anode using its patented 3D cell architecture to significantly increase energy density and maintain high cycle life. The company is backed by strategic relationships with Intel, Qualcomm and Cypress and over $200 million in venture, strategic and private funding. It has been awarded over 75 patents and has over 45 applications pending to create sustainable enterprise value and provide a competitive barrier for years to come. For more information, go to www.enovix.com.