Reuters: Skeleton Technologies will build a Siemens-planned supercapacitor facility outside Leipzig, Germany, with production beginning in 2024.
Supercapacitors store and release energy like batteries, but more quickly.
Aluminum and a carbon-based substance that Skeleton Technologies makes in Estonia are used to make supercapacitors, which can release energy faster than lithium-ion batteries.
Markranstaedt’s factory will create 12 million cells a year, 8 million for passenger vehicles and 4 million for heavy-duty transportation and the electricity grid.
Skeleton plans to invest €220 million in manufacturing.
Currently, the company serves clients in heavy-duty transport or grid management, such as SkodaElectric or Poland’s ZPUE.
A spokeswoman declined to name the companies due to the terms of the agreements.
Taavi Madiberk, CEO, wants auto clients to contribute 20% of revenue by 2027.
$1 = 0.9933 euros
