Solid Power Competitors and Similar CompaniesClear all
T1 Energy's competitors and similar companies include Enovix.
 T1 Energy T1 Energy (formerly known as FREYR Battery) is a company that specializes in solar and battery manufacturing. |  Enovix Enovix (formerly known as MicroAzure) is a company that designs and develops silicon-anode lithium-ion batteries. | |
Founding Date | Founding Date 2018 | Founding Date 2007 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations Austin, US HQ Helsinki, FI Mo I Rana, NO Oslo, NO Reading, GB Wilmer, US | Locations Fremont, US HQ Hyderabad, IN Anyang, KR Nonsan, KR Seberang Perai, MY |
Employees | Employees 32825% increase | Employees 5702% increase |
Valuation ($) | Valuation ($) 142.5 m | Valuation ($) 1.9 b |
Financial | ||
Revenue (est.) | Revenue (est.) $755.3m (FY, 2025) | Revenue (est.) $31.8m (FY, 2025) |
Cost of goods | Cost of goods $699.7m (FY, 2025) | Cost of goods $25.7m (FY, 2025) |
Gross profit | Gross profit $55.6m (FY, 2025) | Gross profit $6.1m (FY, 2025) |
Net income | Net income ($367.8m) (FY, 2025) | Net income ($156.6m) (FY, 2025) |
For sources of this data, please see the company profile
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Enovix
HQ
Fremont, US
Employees
570↑ 2% increase
Enovix (formerly known as MicroAzure) is a company that designs and develops silicon-anode lithium-ion batteries.
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