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Maxwell, ISE Collaborate For High-voltage Energy Storage Solutions

ABR Staff Writer Published 19 June 2009

The companies are all set to compete for a large chunk of the rapidly expanding global market for heavy vehicle drive systems.

Maxwell Technologies and ISE Corporation have formed an alliance to develop and market high-voltage energy storage systems for fuel-efficient, low-emission, hybrid buses and trucks.

Under the agreement, the two companies will share their technical resources to develop high-performance, energy storage solutions for the heavy transportation market.

ISE would source ultracapacitor cells exclusively from Maxwell, and Maxwell would source and market certain high-voltage, high performance ultracapacitor modules designed and produced by ISE.

David Schramm, President and CEO, Maxwell, said: “ISE's pioneering energy storage system designs incorporating ultracapacitors gave our BOOSTCAP products their first production-level opportunity in the transit bus market.”

Both of our companies' technology and products have come a long way since then and rising fuel prices and new regulations aimed at reducing CO2 emissions are driving demand that is bringing hybrid drive systems squarely into the transportation mainstream, he added.

The agreement builds on a relationship that started in 2002, when Maxwell started supplying BOOSTCAP ultracapacitors for braking energy recuperation and torque assist in ISE’ hybrid drive systems, said the companies.