It is worth remembering that Musk did graduate work on ultra-capacitors and has always believed they are worth more development. Musk has spent a lot of time with ultra-capacitors and is well educated and experienced to evaluate them.
<http://www.avg.com/email-signature?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=webmail> Virus-free. www.avg.com <http://www.avg.com/email-signature?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=webmail> <#DAB4FAD8-2DD7-40BB-A1B8-4E2AA1F9FDF2> On Tue, Feb 5, 2019 at 10:50 PM brucedp5 via EV <[email protected]> wrote: > > > > https://electrek.co/2019/02/04/tesla-acquires-ultracapacitor-battery-manufacturer/ > Tesla acquires ultracapacitor and battery manufacturer for over $200 > million > Feb. 4th 2019 Fred Lambert > > [image > > https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2019/02/Tesla-Maxwell-ultracapacitor.jpg > ] > > Tesla hasn’t been known for making many acquisitions, but we’ve now learned > that it has reached an agreement to acquire ultracapacitor and battery > component manufacturer Maxwell based in California. > > It’s the automaker’s 5th important acquisition to date. > > The all-stock transaction worth over $200 million was announced by Maxwell > this morning and we reached out to Tesla to confirm the news. > > Tesla confirmed that they reached an agreement with the company and > commented: > > “We are always looking for potential acquisitions that make sense for > the business and support Tesla’s mission to accelerate the world’s > transition to sustainable energy.” > > Maxwell is best-known as an ultracapacitor manufacturer and it has also > recently been talking about a dry electrode technology for batteries. > > Dr. Franz Fink, President and Chief Executive Officer of Maxwell, commented > on today’s announcement: > > “We are very excited with today’s announcement that Tesla has agreed to > acquire Maxwell. Tesla is a well-respected and world-class innovator that > shares a common goal of building a more sustainable future. We believe this > transaction is in the best interests of Maxwell stockholders and offers > investors the opportunity to participate in Tesla’s mission of accelerating > the advent of sustainable transport and energy.” ... > > The company is based in San Diego and it has about 380 employees. > > Maxwell had been talking about a potential “strategic partnership” in the > works for a few months regarding its dry electrode technology. > > Aside from the new technology, the company also has its ultracapacitor > business. They reported $91 million in revenue during the first 9 months of > 2018 ... > > Electrek’s Take > > Tesla CEO Elon Musk first moved to California in the 90s in order to do a > PhD on ultracapacitors, but he quickly stopped to start an internet > company. > > The technology has never been adopted by electric vehicle manufacturers who > favored Li-ion batteries. > > But Tesla’s acquisition of Maxwell might have little to do with > ultracapacitors. > > The automaker might be more interested with Maxwell’s dry electrode > technology that they have been hyping recently. > > Maxwell claims that its electrode enables an energy density of over 300 > Wh/kg in current demonstration cells and they see a path to over 500 Wh/kg. > > This would represent a significant improvement over current battery cells > used by Tesla and enable longer range or lighter weight, but that’s not > even > the most attractive benefit of Maxwell’s dry electrode. > > They claim that it should simplify the manufacturing process and result in > a > “10 to 20% cost reduction versus state-of-the-art wet electrodes” while > “extending battery Life up to a factor of 2.” > > I think this is really exciting. > > Many companies have been making similar claims about batteries. Tesla, > specifically Elon and JB, have often complained that they couldn’t verify > those claims. > > If Tesla is willing to pay $200 million for Maxwell, I have to assume that > they verified the claims and they believe the technology is applicable to > their batteries. > [© electrek.co] > > > > https://www.cnbc.com/2019/02/04/tesla-to-but-maxwell-technologies-for-4point75-a-share.html > Tesla to buy energy tech company Maxwell Technologies for about $218 > million > 4 Feb 2019 Tesla CEO Elon Musk is a fan of the technology for electric > cars. Musk has ... "As TSLA works toward lowering EV prices to expand its > addressable market while ... > > > + > https://insideevs.com/new-battery-cell-patented-by-tesla/ > New Battery Cell Patented By Tesla: Faster Charging, Lower Cost > FEB 5 2019 But, the new patent filed by the Tesla battery research group, > describes how the new battery technology could be useful ... > > https://d2t6ms4cjod3h9.cloudfront.net/wp-content/uploads/2019/02/Tesla-Battery-Patent-Application-Image-1-898x647.jpg > > > > > For EVLN EV-newswire posts use: > http://evdl.org/archive/ > > > {brucedp.neocities.org} > > -- > Sent from: http://electric-vehicle-discussion-list.413529.n4.nabble.com/ > _______________________________________________ > UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub > http://lists.evdl.org/listinfo.cgi/ev-evdl.org > Please discuss EV drag racing at NEDRA ( > http://groups.yahoo.com/group/NEDRA) > > -- Michael E. 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