#USA #Glendale #Clarios #Supercapacitors #Maxwell Technologies

Clarios Acquires Maxwell Technologies

In a significant strategic move, Clarios, the world leader in low-voltage energy storage solutions, announced today that it has acquired Maxwell Technologies, a company renowned for producing supercapacitor cells and modules. These products are essential for various applications, including mobility, grid stability, and on-site power supply for data centers. While the details of the deal remain undisclosed, the acquisition marks a pivotal moment for Clarios as it seeks to bolster its position in advanced energy storage systems.

Maxwell Technologies is celebrated for its decades-long dedication to innovation in supercapacitor technology. With over 85 million cells shipped, the company has established a strong presence across a variety of sectors, including power generation, automotive, and industrial automation. The advantages of supercapacitors over traditional batteries are notable—they can charge and discharge energy almost instantaneously, making them ideal for handling peak demand periods. Their durability is impressive, boasting up to one million cycles and functionality across a wide temperature range from -40°C to +65°C, without the need for maintenance or fire hazard mitigation.

Clarios' CEO, Mark Wallace, expressed enthusiasm about the acquisition, stating, "Maxwell's supercapacitors are engineered to deliver high-power energy storage solutions while emphasizing reliability, safety, and longevity. This integration not only enhances our ability to meet the needs of our automotive customers but also opens long-term growth opportunities in other sectors. We plan to maintain and actively develop Maxwell's existing business relationships in data centers, utilities, military, and industrial applications under Clarios' leadership."

The acquisition also illustrates Clarios’ commitment to building a robust supply chain for supercapacitors, which will support both domestic and international OEMs. This strategic alignment complements Clarios’ existing leadership in battery circular economy solutions and low-voltage applications, positioning them as a pioneering force in the energy sector.

Moving forward, Maxwell Technologies will operate as an independent business unit based in the United States. This structure aims to preserve the brand's identity while allowing Clarios to leverage its resources and market reach effectively.

About Clarios

Clarios is recognized globally for its advanced low-voltage battery technologies powering various vehicles. The company’s batteries are integral to one in every three vehicles on the road today. With nearly 18,000 employees across over 100 countries, Clarios boasts robust experience and reliability, providing peace of mind in everyday life. Their recycling network operates at a remarkable capacity of 8,000 batteries per hour, underscoring their commitment to sustainability with a goal that all products sold are recyclable.

About Maxwell Technologies

Maxwell Technologies specializes in creating energy storage and supply solutions, focusing on supercapacitors and related technologies. Their product range caters to an extensive array of applications, including automotive, data centers, and utility services. The acquisition by Clarios is expected to enhance Maxwell's contributions to various sectors, allowing them to expand their innovative solutions in energy storage systems.

In conclusion, Clarios' acquisition of Maxwell Technologies not only signifies an expansion of its product portfolio but also reinforces its strategic vision for the future of energy storage. This move is anticipated to yield significant benefits across multiple sectors, further enhancing the reliability and efficiency of energy storage worldwide.