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DeepNewz, mobile.
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Enovix ($ENVX) is a company facing mixed opinions on its potential success in the battery market. While some believe in its product and management team's capability to produce batteries at scale, others express doubts about its viability and market demand. The company is working on developing new battery models like the EX1M and EX2m, with questions about its ability to mass produce quality silicon batteries. Despite being a long-term investment with potential for growth, Enovix still faces challenges in proving its market viability after 17 years as a battery start-up.
Now a 2026 story, lol. Company has been a battery start-up for 17 years, still with no real salable product line. $ENVX https://t.co/MnnahonbLj
I am always looking for deep value, asymmetric returns. It typically makes sense to be early in tech concepts on growing chain ecosystems. To see the size of the opportunity ahead, its always good to cross check other chains to see relative value / scale. From Feb-Nov 2023:…
$ENVX doesn‘t need to concur the world in 2024… they just need to show they can mass produce a quality silicon battery (which no one else has come close to doing). Patience.