CAP-XX to supply its DMT220 prismatic supercaps in the volumes needed from 202420 May 2024 09:43
Continental Automotive GmbH, a global Tier 1 automotive supplier
Sydney, Australia – April 18, 2023 – CAP-XX Limited (LSE:CPX), the leading manufacturer of ultra-thin prismatic, cylindrical, and Lithium-Ion supercapacitors, announced that Continental Automotive GmbH, a global Tier 1 automotive supplier, has granted the highly-coveted PSW (Part Submission Warrant) to CAP-XX, following the company’s successful submission of Continental’s PPAP (Production Part Approval Process) documents necessary to achieve this quality standard. The two companies previously signed a Sourcing Agreement for CAP-XX to supply its DMT220 prismatic supercaps in the volumes needed from 2024 through 2030 for a key Continental automotive program. CAP-XX has now completed the stringent quality audit for this agreement.