"As our local new energy transportation market continues to grow, it's imperative for both manufacturers and sellers of these critical technologies to invest in the right solutions to improve energy efficiency, preserve the environment and lay the foundation for tomorrow's industry," said Liu Baoming, chairman of CRRC-SRI. "With this next step to localize Maxwell's products for the new energy bus market in China, we are proud to deepen our relationship with Maxwell Technologies, the market leader for ultracapacitors."
Dr. Franz Fink, president and CEO of Maxwell Technologies, said, "Since Maxwell's partnership with CRRC-SRI began, we've shared a focus on environmental preservation, forward-thinking technology and user efficiency. Collaborating on localization initiatives for ultracapacitor production greatly extends our reach into the China bus market while increasing the number of users that can benefit from next-generation energy storage solutions. Moving forward, the Maxwell and CRRC-SRI sales teams will collaborate to deliver existing and new customers the best experience possible, while our product development teams continue to work on next-generation, fully optimized solutions for this market."
Additional Maxwell Technologies information:
About Maxwell: Maxwell is a global leader in the development and manufacture of innovative, cost-effective energy storage and power delivery solutions. Our ultracapacitor products provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. For more information, please visit our website: www.maxwell.com.
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SOURCE Maxwell Technologies, Inc.