Tesla sells Maxwell’s ultracapacitor business amid dry electrode battery focus

Teslarati
By Simon AlvarezJul 22, 2021, 7:06 am364 pts
Tesla has offloaded Maxwell Technologies’ ultracapacitor business to UCAP Power, Inc., a developer of ultracapacitor-based power solutions. The announcement was posted in a press release, which noted that the deal included the purchase of Maxwell Technologies Korea, the company’s Korea-based ultracapacitor…

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