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Enovix Battery Cells Achieve Exceptional, Five-Minute Fast Charge

Enovix Corporation (“Enovix”) (Nasdaq: ENVX) the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced it has demonstrated the ability of its 0.27 Ah Electric Vehicle (EV) test cells to charge from 0-80% state-of-charge in as little as 5.2 minutes and achieve a greater than 98% charge capacity in under 10 minutes.

“Fast charge capability can accelerate mass adoption of EVs and we’ve been able to demonstrate a level of performance that meets and exceeds many OEM roadmaps,” said Harrold Rust, Co-Founder, CEO and President of Enovix. “EV manufacturers are in pursuit of batteries that support longer range, while the public and private sectors work to increase EV driver access to fast chargers. We’re proud to support these goals to help electrify the automotive industry and demonstrate our batteries are an exciting option to power long-range, fast-charging EVs.”

On June 14, 2022 Ashok Lahiri, Co-Founder and CTO of Enovix will speak at the 12th International Advanced Automotive Battery Conference (AABC) Europe in Mainz, Germany. His presentation at 11:20 a.m. (Central European Summer Time) titled “Silicon-Anode Lithium-Ion Batteries for EV Applications,” will provide an update on the company’s EV program. His presentation can be found here.

“Our unique architecture enables a battery that not only charges in less than 10 minutes, but also maintains high cycle life,” said Ashok Lahiri, Co-Founder and CTO of Enovix. “We can improve battery performance today using the same chemistries, but more importantly, we can accelerate the industry’s roadmap.”

As part of the company’s three-year Department of Energy grant program that is pairing a 100% active silicon anode with EV-class cathode materials, the company recently announced its cells surpassed 1,000 cycles while retaining 93% of their capacity. Testing also demonstrated that after six months at elevated temperatures, Enovix batteries had minimal capacity loss. This pairing is projecting a calendar life of greater than 10 years for Enovix batteries.”

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