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Cummins Acquires Energy Storage Technology

fleetnewsdaily | October 18, 2017

Cummins Inc. announced that it is acquiring the assets of Brammo, Inc., which designs and develops battery packs for mobile and stationary applications. Here’s what’s significant: Adding Brammo’s battery pack expertise and energy storage technology is an important milestone in Cummins’ efforts to become a global electrified power leader. Founded in 2002, Brammo has focused […]

Maxwell Technologies and SK Innovation Form Energy Storage Solutions Alliance

fleetnewsdaily | December 12, 2013

Maxwell Technologies, a leading developer and manufacturer of ultracapacitor-based energy storage products, announced that it has signed a Memorandum of Understanding with SK Innovation, a subsidiary of SK Holdings and Korea’s leading energy provider, to develop next generation energy storage solutions leveraging the complementary characteristics of SK’s lithium ion batteries and Maxwell’s ultracapacitors. The companies […]