Ultracapacitor technology expected to gain popularity in hybrid auto sector
Tue Mar 18 09:02:38 2014 EDT
BEIJING, Mar 18, 2014 (Xinhua via COMTEX News Network) --
Ultracapacitor, a battery-like device
that stores and releases energy quickly, is expected to get more
widely used in China's automotive industry, especially the hybrid
According to US ultracapacitor supplier Maxwell Technologies, the
company's ultracapacitor products have been used in hybrid buses
produced by leading Chinese bus makers including Yutong, King Long,
As for application in the passenger car segment, more than 1
million passenger cars in China, including models such as Citroen C4
and Peugeot 308, have been equipped with the company's
ultracapacitors, said Maxwell. (Edited by Shi Chunjiao,
Copyright 2014 XINHUA NEWS AGENCY
this guy (oO8o) seems to be a sold out bear or even has a short position. Ask your self why in the world is he here and bad mouthing this stock. Dismiss his posts.
Ioxus Ultracapacitors Receive Chinese Certification
Written by Chad Hall on August 20, 2013 | Press Releases
China North Vehicle Research Institute certifies Ioxus’ market leading technology
ONEONTA, N.Y.–(BUSINESS WIRE)–Ioxus, a manufacturer of premium performance ultracapacitor technology for the automotive and transportation industries, has received certification of quality for its iMOD® 48V/165F ultracapacitor modules from the China North Vehicle Research Institute (NOVERI).
Ioxus’ ultracapacitors were tested for electrical, manufacturing, mechanical and thermal performance before being certified as suitable for use in Chinese transportation vehicles. Certification from NOVERI will further Ioxus’s reputation in China and increase demands for its ultracapacitors.
“Receiving certification from NOVERI for the safety and functionality of our ultracapacitors is further validation of the high quality and performance we guarantee our customers,” said Nick Cataldo, Sr. VP of Global Sales, Ioxus. “China is one of the world’s leading consumers of ultracapacitor technology and we are excited to continue expanding our presence in the country.”
If true this could be a $100 stock.
Sentiment: Strong Buy
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