Clarios Expands Energy Storage Solutions with Maxwell Technologies Acquisition

In a significant strategic move, Clarios, a prominent global player in low-voltage energy storage solutions, has recently completed the acquisition of Maxwell Technologies, a leader in the manufacturing of supercapacitor cells and modules. This venture is expected to enhance Clarios' position in the rapidly expanding market of high-performance energy storage, leveraging Maxwell’s extensive expertise in supercapacitors, designed for various applications such as mobility, grid stabilization, and onsite power solutions including data centers.

A New Era for Energy Storage

Maxwell Technologies has been a key innovator in the supercapacitor domain, with over 85 million cells delivered globally. This acquisition not only strengthens Clarios’ market position but also complements its existing leadership in battery circularity and low-voltage solutions. Unlike traditional batteries, supercapacitors can charge and discharge energy almost instantaneously. This characteristic becomes crucial in managing sudden peak demands in energy systems, making them a perfect fit for the evolving energy landscape.

The unique capabilities of supercapacitors, including an impressive operational lifespan of up to 1 million cycles and the ability to function across extreme temperatures (ranging from -40°C to +65°C), add a layer of reliability to Clarios' offerings. Moreover, these devices require no maintenance or fire-risk mitigation, which is advantageous for users and manufacturers alike.

Strategic Benefits

There are several key benefits for Clarios involving this acquisition:
1. Supply Chain Stability: Clarios aims to establish a stable supply chain for supercapacitors, which will support both domestic and global original equipment manufacturer (OEM) customers.
2. Strategic Fit: The acquisition aligns seamlessly with Clarios’ ongoing commitment to enhancing battery sustainability, further establishing its footprint in the energy storage market.

As Mark Wallace, CEO of Clarios, stated, “Maxwell’s supercapacitors are engineered to deliver high-power energy solutions characterized by safety, reliability, and longevity.” This integration not only bolsters Clarios' service capabilities for automotive clients but also marks an expansion into non-automotive sectors, allowing for the development of existing customer relationships in various fields including Data Centers, Grid, Military, and Industrial applications.

Clarios’ operations with Maxwell Technologies will maintain its identity as an independent unit based in the United States. This structure is intended to foster innovation while benefiting from Clarios’ vast resources and expertise.

About Clarios

Clarios is the undisputed global leader in advanced, low-voltage battery technologies designed for mobility. With a workforce of approximately 18,000 across more than 100 countries, Clarios provides cutting-edge battery solutions for nearly all types of vehicles, powering 1 in 3 cars on the road today. Committed to sustainability, the company ensures that all products sold are recyclable and actively recycles an impressive 8,000 batteries every hour through its network.

About Maxwell Technologies

Maxwell specializes in energy storage and power delivery solutions, renowned for its development of supercapacitors and diverse energy storage products across various sectors, including automotive, data centers, and military applications. The company’s extensive product range and innovative approach contribute significantly to advancements in the energy storage market, making it a vital asset for Clarios’ expanding portfolio.

In conclusion, the acquisition of Maxwell Technologies by Clarios not only highlights the importance of supercapacitor technology in the modern energy market but also represents a significant step towards enhancing energy storage capabilities globally. Such strategic movements are essential for meeting the growing demands of energy storage solutions in an increasingly electrified world. Clarios and Maxwell Technologies are poised to lead the charge towards a more energy-efficient future.