A Tesla Model 3 battery pack has an energy density of 272 watt-hours per liter; the cells produce 207 watt-hours per kilogram.
Maxwell has a path with 15-25% improvement every 2-3 years.
"We believe this transaction is in the best interests of Maxwell stockholders and offers investors the opportunity to participate in Tesla's mission of accelerating the advent of sustainable transport and energy." With Tesla transferring the shares, they now take control of the company and their IP.You can send tips on Twitter (DMs open) or via email: fred@9to5mac.comThere was a problem getting any content from the RSS feed. Maxwell is best-known as an ultracapacitor manufacturer, but it has also recently been discussing a dry electrode technology for batteries.Review: Mini SE an instant classic, but oh, that rangeTesla said in a press release today:Maxwell claims that its dry electrode tech enables an energy density of over 300 Wh/kg in current demonstration cells and they see a path to over 500 Wh/kg.Through Zalkon.com, you can check out Fred’s portfolio and get monthly green stock investment ideas.Based on Maxwell’s reports, the technology is promising when it comes to increasing the performance of Li-ion battery cells.
There has been a ton of speculation about why Tesla bought Maxwell Technologies. We later learned that Tesla and Maxwell had discussions for years over potential opportunities between the two companies, but Tesla became serious about acquiring them in December 2018.That’s believed to be about 15 to 100 percent better than Tesla’s current technology.First look at Elon Musk's Model S with prototype colorCEO Elon Musk recently said that Tesla might hold a presentation about their latest battery development later this year or early next year. I wouldn’t be surprised if it coincides with the implementation of that technology.The automaker is transferring stocks worth just over $235 million to take control of the company.They also demonstrate close to 90% capacity retention after almost 1,500 cycles and their cells maintain their capacity at higher discharge rates and much better than the same cells without their dry electrode.Model Y diary: Day One, the Model X lease trade-in“Tesla, Inc. (NASDAQ: TSLA) today announced the successful completion of its previously announced offer to exchange all outstanding shares of common stock of Maxwell Technologies, Inc. (“Maxwell”) for 0.0193 of a share of Tesla common stock, together with cash in lieu of any fractional shares of Tesla common stock, without interest and less any applicable withholding taxes.”What’s most interesting is that Maxwell makes it sound like it could be easily integrated into the production of current Li-ion cells with no big impact on cost.Top 5 hybrid mountain/commuter e-bikes for summer 2020The automaker finds itself with a new ultracapacitor business, but I somehow doubt that that’s the reason behind the acquisition.Finally, now things could get interesting. Earlier this year, Tesla announced the acquisition of the San Diego-based ultracapacitor and battery company Maxwell for over $200 million. The electric-car company usually buys companies with technologies that can help it accelerate its mission to further sustainable energy and ones that are relatively small relative to Tesla's total market capitalization.Maxwell's website offers the following product description of the company's ultracapacitors:Our recently developed lithium-ion capacitors are energy storage devices with the power characteristics of an ultracapacitor combined with enhanced energy storage capacity approaching that of a battery. The obvious but vague answer is that its battery technology will improve Tesla…
Tesla is a well-respected and world-class innovator that shares a common goal of building a more sustainable future," said Maxwell CEO Dr. Franz Fink. Tesla bought Maxwell Technologies for their dry battery technology. Tesla recently confirmed that it had completed the acquisition of Maxwell Technologies Inc., a California-based company that specializes in ultracapacitors and batteries. The transaction will cost Tesla $218 million, and …