Enovix Corporation (Nasdaq: ENVX) has launched what it calls a game-changing battery technology specifically designed for the next generation of AI-powered smartphones. The company's new AI-1™ platform represents the culmination of years of research into silicon-anode battery technology.
The breakthrough lies in Enovix's proprietary architecture that enables the use of 100% active silicon anodes, protected by 190 patents. This innovation delivers energy density exceeding 900 watt-hours per liter (Wh/L), which the company claims is the highest commercially available in today's market. For perspective, a single AI-1 cell measuring just 1.79 cubic inches contains 26.3 watt-hours of energy – enough to power a hydraulic lift raising a nearly 5,000-pound truck three times on one charge.
Dr. Raj Talluri, CEO of Enovix, explained the strategic shift that led to this development: "When I joined as CEO, I recognized that the wearables market wouldn't support our full revenue plan, so I decided to introduce our breakthrough battery to the much bigger smartphone market." This pivot targets the 1.2-billion unit smartphone market, particularly devices requiring higher energy storage for on-device AI processing.
The AI-1 batteries offer impressive specifications beyond just energy density. They can charge to 20% in five minutes and 50% in fifteen minutes, while maintaining performance for over 900 charge cycles under standard smartphone usage. These capabilities directly address the power challenges faced by smartphone manufacturers implementing AI features that dramatically increase energy consumption.
Production of the AI-1 batteries is taking place at Enovix's high-volume manufacturing facility (Fab2) in Penang, Malaysia. The company has invested significantly in this facility, which can house up to four production lines capable of producing tens of millions of batteries annually. With over $200 million in cash reserves, Enovix plans broader availability of its AI-1 batteries later in 2025 as it scales production to meet anticipated demand from smartphone manufacturers.
The timing of this launch aligns with the industry's growing focus on on-device AI processing, positioning Enovix as a potential key enabler for the next wave of AI-powered smartphones that can perform complex tasks locally without sacrificing battery life.