Maxwell Technologies, SK Innovation Form Strategic Alliance for Lithium Ion Battery-Ultracapacitor Energy Storage Solutions
December 12, 2013 at 08:57 AM EST
Maxwell Technologies (Nasdaq: MXWL ) announced today that it has signed a Memorandum of Understanding with SK Innovation, a subsidiary of SK Holdings and Korea's leading energy provider, to develop next generation energy storage solutions leveraging the complementary characteristics of SK's lithium ion batteries and Maxwell's ultracapacitors. The two companies