Tesla acquires Maxwell Technologies
Tesla acquired Maxwell Technologies in 2019, gaining its dry process for producing anodes and cathodes.
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- Buyer: Tesla (electric vehicles, clean energy, energy storage)
- Seller: Maxwell Technologies (ultracapacitors, high-voltage caps)
- Technology Acquired: Dry process for anode/cathode production
- Announced: 2026-03-06
Source Intelligence
The acquisition was for Maxwell Technologies' dry process for producing anodes and cathodes. This process eliminates toxic solvents, cuts energy use, and requires less factory space compared to the traditional wet slurry process. The founding team of Maxwell is now running a company called LiCAP, which is licensing a similar dry electrode process.
"Tesla is producing anodes and cathodes for its 4680 cells using a dry process that it acquired along with a company called Maxwell Technologies in 2019."
"Tesla is producing anodes and cathodes for its 4680 cells using a dry process that it acquired along with a company called Maxwell Technologies in 2019."
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