Maxwell has experience of developing solutions for start-stop cars and hybrid buses, which require rapid braking, energy recuperation and power delivery. The company will now work closely with CRRC SRI to develop solutions suited for the Chinese rail market with an emphasis on light rail vehicles and metro trains.
"In China, advanced energy storage and power delivery solutions will play an increasingly important role in improving efficiencies and reducing carbon emissions," says Dr Franz Fink, Maxwell president and CEO. "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."
