Jan. 14 at 8:30 PM
$ENVX Raj painted a rosy picture 2.5 years ago during his interview with The Technology Letter on 8/11/23. Been in since RSVA but this has been one bumpy ride.
“2025 is when we expect to be in really high volume in phones,” says Talluri. “To give you a feel for it, one [production] line that we are building in Malaysia, when it’s fully operational, will produce about nine million batteries a year; in 2026, you should assume that we will have four lines each producing nine million batteries a year.”
If that plays out, “we’re looking at three or four hundred million [dollars] in revenue in 2026,” he says. “And then, of course, we’ll have to make the next factory and try to get to ten lines, and really scale up the business.”
