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US-BASED ENOVIX CORPORATION INAUGURATES ITS USD1.2 BILLION HIGH-VOLUME MANUFACTURING FACILITY IN MALAYSIA

Enovix Corporation, a global leader in high-performance battery technology, is proud to announce the grand opening of its first high-volume manufacturing facility (“Fab2”) in Malaysia. This state-of-the-art facility has already commenced the production of high-energy density batteries and is currently hosting visits from leading global customers. Enovix plans to invest a total of USD1.2 billion (RM5.8 billion) in Malaysia over the next 15 years.


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