Geely & Maxwell seal tech cooperation
The Chinese car manufacturer Geely has set up a technology partnership with Maxwell Technologies focusing on the integration of ultracapacitors and advanced power conversion electronics into Geely’s global electrified vehicle lineup.
The cooperation will begin with the inclusion of Maxwell’s ultracapacitor-based peak power subsystem in five mild- and plug-in-hybrid vehicle varieties which will be available in North America and Europe as of 2019.
Originally, the ultracapacitors were used in for start-stop functions in the automobile industry. Maxwell alone fitted around 6.1 million vehicles with the technology over the years. The manufacturers that used the technology include Continental AG (since 2010), PSA, GM and Lamborghini.
Geely is planning on major expansions of their electric line-up and wants to have at least 20 electric and hybrid models by 2020. A series is scheduled for market launch in China by 2018. In broad terms, the company aims to have about 90% of their lineup electrified. Hybrids are planned to take up two thirds, while battery electric vehicles will make up one third of the electrified lineup.
The Chinese company combines a few large brand names under their roof, including the brands Volvo, Lotus, LEVC (London Taxi) Zhi Dou and Lynk & Co. Furthermore, Geely’s boss Li Shufu purchased 9.69% of Daimler stocks through an investment company in February.
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