Ultracapacitors (aka ultracaps or supercapacitors) are the toast of the town, thanks to their rapid charge and discharge capabilities, tolerance of extreme temperature conditions and long operational life. However, their killer application may be as partners with lithium-ion batteries, which offer higher energy density. Maxwell Technologies (Nasdaq: MXWL), a manufacturer of ultracapacitor-based energy storage products,… Read more »
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South Korean/Chinese joint venture to become China’s biggest maker of EV batteries
South Korea’s SK Innovation Company, China’s state-owned Beijing Automotive Industries Holding Co. and LCD maker Beijing Electronics Holding Co. have agreed to form a joint venture to produce battery packs for EVs, Asian Power reports. The new JV will invest $166.4 million to build a battery plant that will have an annual production capacity of… Read more »