Power-hungry Tesla picks up supercapacitor maker
Maxwell Technologies deal highlights potential for supercapacitors in electric vehicles and beyond
Electric car maker Tesla recently paid over $200 million for a US supercapacitor manufacturer Maxwell Technologies. Applications of supercapacitors (also called ultracapacitors) have grown in the last two decades as the technology has matured, and look set to play a significant role in the future of electric vehicles and grid-level power storage, among other areas.