Inside the car, electricity energizes an inductive coil attached to a bunch of capacitors that help keep the currents and voltages at the right levels.

One use of such a bank, the firm suggests, could be the rapid charging of electric cars—which would, of course, also be fitted with capacitors.

The award-winning Capacitance-to-Digital Converter (CDC) technology enables high accuracy capacitance sensing for Industrial, Automotive, and Consumer applications.