Europe invests in electric vehicle future

UK-based ultracapacitor manufacturer, Skeleton Technologies, has signed a distribution agreement with Sumitomo Corporation Europe with the aim of providing energy storage solutions for the rapidly growing hybrid electric and electric vehicle industry.

Ultracapacitors are high power energy storage devices, which fill a vital gap in hybridisation and electrification efforts in the automotive sector, according to Skeleton Technologies. “With high power density, a recharge time of two-to-three seconds and over one million life cycles, ultracapacitors are unique in their ability to not only reduce CO2 emissions but also increase performance and be cost-effective for manufacturers.”

The manufacturer has also said that graphene-based ultracapacitors in electric vehicles, can be used in tandem with lithium-ion batteries, doubling the battery lifetime and downsizing the cell receiving the peak power from ultracapacitors and the long-term energy from the batteries.

“We are excited to announce the agreement with Sumitomo Corporation Europe, it was a natural fit from the start,” said Skeleton Technologies CEO, Taavi Madiberk. “Sumitomo´s world-class distribution network and technical expertise in electrification enable us to expand our footprint in the automotive sector and tap into the company’s relationships with key players in the transportation industry.”

Sumitomo Corporation Europe General Manager – Warsaw Office, Hidenori Eto said that  ultracapacitors play an important role for high power applications in the transportation sector.

“Skeleton’s revolutionary technology has the potential to drive this industry forward and ensure that both manufacturers and customers alike, can reap the benefits of a hybrid approach to battery technology,” said Eto. “We are looking forward to working with Skeleton Technologies and supporting them in growing the business.”

Leave a Reply

JOIN OUR NEWSLETTER
Close