If this thing really has significantly higher volumetric energy efficiency than existing Li-ion batteries, then it's already good enough to be used in cellphones, at least according to me. I don't care if it's 2.5x heavier; I want more energy storage in my phone so it lasts longer between charges. I really, really don't care if that means the phone weighs an ounce more. I'm sure the Otterbox case on it adds just as much extra weight, and I don't see many people complaining about those.
Yeah, for cars, the weight is a big issue, because that hurts fuel (well, battery charge in this case) economy significantly, and EV cars use a LOT of energy storage compared to a phone. But for phones, I don't see the problem.
As for this battery failing harder, no problem: make sure the battery is easily replaceable by users, just like the Samsung phones up to the S5.