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Maxwell to provide ultracapacitor subsystem design for Geely/Volvo 2020 model year platforms

SAN DIEGO, California – Maxwell Technologies, Inc., a leading developer and manufacturer of capacitive energy storage and power delivery solutions, announced on May 8 a technology partnership with Geely Holding Group.

The partnership focuses on the integration of state-of-the-art ultracapacitors and advanced power conversion electronics into Geely’s global automotive vehicle lineup in support of their fleet electrification strategy. The collaboration kicks off with the inclusion of Maxwell’s ultracapacitor-based peak power subsystem in five mild-hybrid and plug-in hybrid vehicles which will initially be available in North America and Europe. The production ramp for these vehicles is slated to begin in late 2019 and marks the most significant milestone in Maxwell’s automotive market history as it readies for the coming global electrification megatrend.

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