Ultracapacitors for electric cars looking more likely
According to most experts’ expectations for electric cars, the vehicles will be fueled mainly by batteries. But there’s a dark horse competitor for energy storage: ultracapacitors, devices that store energy in an electric field. Three companies, Apowercap Technologies, Eestor and Maxwell Technologies, are looking increasingly likely to commercialize that technology.
The first, Apowercap, just received a funding commitment for between $5 and $20 million from an investment firm called EastOne Group, according to Dow Jones’ Clean… Continue Reading