At the moment, the feature allows you to write, draw, and scribble on your notes – it doesn't automatically recognize your input and transform it into typed text. It is not clear if Evernote plans to implement this beta feature as it currently is, or plans to evolve it into some kind of handwriting recognition.
This feature is currently available for the beta version of Evernote. In order to try it out, you have to be approved as an Evernote beta-tester. Once you have been given the necessary permissions, you can head on to Google Play and download the beta version of the popular app. If you are interested in doing so, check out the link at the source.
Evernote's new handwriting feature
source: Evernote via SlashGear