US-based Maxwell Technologies has signed a long-term strategic partnership with CRRC subsidiary China Qingdao Sifang Rolling Stock Research Institute (CRRC SRI) to develop next-generation rolling stock energy storage solutions.
Capacitive energy storage offers high-power density performance under extreme temperatures with long operational lifetimes and Maxwell has significant experience in developing transport ultracapacitor solutions such as start-stop cars and hybrid buses, which require rapid braking, energy recuperation and power delivery. The new multi-year agreement will see Maxwell work closely with CRRC-SRI to develop solutions tailored for the growing Chinese rail market, with a focus on LRVs and metro cars.
“The current expansion of rail transportation infrastructure in China will continue well into the next decade and has higher requirements on energy saving and environment protection now and in the future, particularly for onboard rail vehicles,” said Liu Baoming, Chairman of CRRC-SRI.
“We firmly believe capacitive energy storage technology is essential to providing solutions that meet those energy-saving and environment-protection requirements. We highly value Maxwell Technologies’ expertise in capacitive energy storage and trust its technology leadership to help us keep pace with the rate of innovation required now and into the next decade.”
Dr Franz Fink, Maxwell President and CEO, added: “Our partnership with CRRC-SRI represents an excellent opportunity for us to generate meaningful revenue in a three-to-five-year horizon through the co-development of application-specific technology and products for the expanding China rail market.”