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Maxwell puts lifetime value of ultracap subsystem deal with Geely/Volvo at ~$100M

  • Green Car Congress faviconGreen Car Congress

    By mmillikinMay 14, 2018, 6:00 am131 pts
    photo of Maxwell puts lifetime value of ultracap subsystem deal with Geely/Volvo at ~$100M imageMaxwell Technologies is putting the lifetime value of its recently announced deal to provide ultracapacitor-based subsystems to Zhejiang Geely Holding Group (Geely), the parent company of leading brands such as Volvo and Geely Auto (earlier post), at $100 million. Under the deal, Maxwell will provide multi-cell…
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