The company sources raw materials including lithium, silicon, graphite, nickel, cobalt, copper, and other metals for its batteries from third-party suppliers worldwide. It has established master supply agreements with multiple suppliers and has qualified secondary sources for certain battery materials, particularly for high-cost items or those with identified supply risks. The company maintains safety stock for long-lead items to reduce the risk of supply interruptions.
Enovix's Comment on Supply Chain
The company sources raw materials including lithium, silicon, graphite, nickel, cobalt, copper, and other metals for its batteries from third-party suppliers worldwide. It has established master supply agreements with multiple suppliers and has qualified secondary sources for certain battery materials, particularly for high-cost items or those with identified supply risks. The company maintains safety stock for long-lead items to reduce the risk of supply interruptions.
Sources:
Enovix Corporation's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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