Ultracapacitor manufacturer, Skeleton Technologies has signed a distribution agreement with Sumitomo Corporation Europe to provide energy storage solutions for the hybrid electric and electric vehicle industry.
Ultracapacitors are high power energy storage devices, which fill a vital gap in hybridisation and electrification efforts in the automotive sector. With high power density, a recharge time of two to three seconds and more than 1m life cycles, ultracapacitors reduce CO2 emissions and increase performance.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
In electric vehicles, graphene-based ultracapacitors can be used in tandem with lithium-ion batteries, doubling the battery lifetime and downsizing the cell receiving the peak power from ultracapacitors and the long-term energy from the batteries.
“We are excited to announce the agreement with Sumitomo Corporation Europe, it was a natural fit from the start,” said Skeleton Technologies CEO, Taavi Madiberk.
“Sumitomo´s distribution network and technical expertise in electrification enable us to expand our footprint in the automotive sector and tap into the company’s relationships with key players in the transportation industry.”
