FREMONT, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) — Enovix Corporation (“Enovix”) (Nasdaq:ENVX), an advanced silicon battery company, and Group14 Technologies, a leading manufacturer and supplier of active silicon battery material, today announced their collaboration to develop a silicon battery using Group14’s silicon-carbon composite SCC55® for 100% of the anode material within Enovix’s battery architecture. Enovix and Group14 will additionally explore new ways to advance the performance and efficiency of lithium-ion silicon batteries, in line with their commitments to innovation, renewable energy and customer satisfaction.

Read more at globenewswire.com

Related news for (ENVX)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.