Maxwell Technologies sells high-voltage product line, shifts focus to EV energy storage

By Charles Morris Maxwell Technologies, a manufacturer of energy storage and power delivery technology, has sold its high-voltage product line to Renaissance Investment Foundation for $55.1 million in cash and up to $15 million in future payments. Included in the deal were Maxwell’s Swiss subsidiary, Maxwell Technologies SA, and its CONDIS line of …read more

Source:: https://chargedevs.com/newswire/maxwell-technologies-sells-high-voltage-product-line-shifts-focus-to-ev-energy-storage/