Ultracapacitor specialist Maxwell Technologies (Nasdaq: MXWL) has formed a technology partnership with Zhejiang Geely, the Chinese parent company of Volvo and Geely Auto to integrate ultracaps and power conversion electronics into Geely’s global vehicle lineup.
Geely will include Maxwell’s ultracapacitor-based peak power subsystem in five mild hybrid and plug-in hybrid vehicles for the North American and European markets, which are slated to go into production in late 2019.
The automotive industry originally adopted ultracapacitors for start-stop applications, and is now using them to deliver peak power to functions such as electric active-roll control, power steering, electro-turbocharging and energy recuperation in…