Harrold Rust has been the CEO of Enovix since co-founding the company in 2007. He leads the development and execution of an innovative battery business model with new approaches to technology, design, and production. Under his leadership, Enovix has secured over $225 million in funding.
Enovix believes it can disrupt the lithium battery market by creating and mass-producing the devices in Silicon Valley at its Fremont headquarters, research, and manufacturing hub.
We are trying to completely disrupt the lithium battery industry. The idea is to reinvent a product that hasn’t changed in 30 years. We are trying to put the silicon back in Silicon Valley. We want our batteries to be a made-in-America product. We are trying to do this in Silicon Valley. The factory in Fremont will have $220 million in revenue per year over time as we add more factory lines.