The demand in electric cars has been a source of good news for several companies like Maxwell Technologies Inc. (NASDAQ:MXWL). The demand for electric cars is expected to provide for a secondary demand boost for the company’s products like the ultracapacitorsUnconventional internal design yields a larger capacitanceThat property of a system of conductors and dielectrics which permits the storage of electricity when potential difference exists between the conductors. Its value is expressed as the ratio of a quantity of electricity to a potential difference. A capacitance value is always positive. per unit volume than other types. Valuable for high-current and low frequencyThe number of complete cycles or vibrations per unit of time. Rate of alternation in an AC current. Expressed in cycles per second or hertz (Hz). electrical circuits, power supply filters, etc. Applications are similar to those of rechargeable batteries..
The Electric Car Demand:
Maxwell Technologies Inc. (NASDAQ:MXWL) develops and manufactures power delivery products and energy storage used in various segments. Some of its products are also used in spacecrafts and satellites. However, the current buzz is about its ultracapacitorsUnconventional internal design yields a larger capacitanceThat property of a system of conductors and dielectrics which permits the storage of electricity when potential difference exists between the conductors. Its value is expressed as the ratio of a quantity of electricity to a potential difference. A capacitance value is always positive. per unit volume than other types. Valuable for high-current and low frequencyThe number of complete cycles or vibrations per unit of time. Rate of alternation in an AC current. Expressed in cycles per second or hertz (Hz). electrical circuits, power supply filters, etc. Applications are similar to those of rechargeable batteries.. Electric cars suffer from one big disadvantage. They have a limited range and need to be charged often. The charging time is also very long unlike the gasoline powered cars. UltracapacitorsUnconventional internal design yields a larger capacitanceThat property of a system of conductors and dielectrics which permits the storage of electricity when potential difference exists between the conductors. Its value is expressed as the ratio of a quantity of electricity to a potential difference. A capacitance value is always positive. per unit volume than other types. Valuable for high-current and low frequencyThe number of complete cycles or vibrations per unit of time. Rate of alternation in an AC current. Expressed in cycles per second or hertz (Hz). electrical circuits, power supply filters, etc. Applications are similar to those of rechargeable batteries. are very handy in charging the batteries in a fraction of time.
Electric vehicles have seen an upsurge in demand. Countries are tightening pollution standards for gasoline powered vehicles and the prices of gasoline also vary. The recent crisis in Ukraine will ensure that they remain high till the situation becomes normal. Prices of electric cars have decreased on account of better economies of scale. The global production is expected to cross 400,000 units, up from 242,000 achieved in 2013. Even Tesla Motors Inc (NASDAQ:TSLA) has seen a substantial jump in demand and is now planning to launch in China.
