LONDON (Alliance News) - Supercapacitors manufacturer CAP-XX Ltd on Wednesday said it has secured new orders for its supercapacitors from passenger and heavy vehicle manufacturers.
Three new orders have been received in total, the company said, covering evaluation units for large supercapacitor systems. The customers include a North American vehicle maker, an Asian tier-1 original equipment manufacturer and an Asian distributor, none of which were named.
CAP-XX added it was holding advanced talks with additional North American and Asian companies on the supply of further supercapacitor evaluation units.
No financial details on the orders were disclosed.
"The broadening of the international customer base for our automotive supercapacitors firmly demonstrates the potential applications for energy capture and storage to support traditional batteries. We continue to receive new enquiries for an increasingly wide range of applications and look forward to securing additional contracts," said Anthony Kongats, CAP-XX's chief executive.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Cap-xx (CPX)