Connect with us

Hi, what are you looking for?

CleanTechnica

Uncategorized

Tesla Purchases European Battery Assembly Company

Tesla has acquired ATW Automation, a German company with experience building battery packs and modules for the automotive industry.

ATS Automation Tooling Systems is a Canadian company that has fallen on hard economic times. In fact, it may be on the verge of filing for bankruptcy following a decline in business. recently. It owns a subsidiary in Germany called ATW Automation which specializes in assembling battery modules and battery packs for the automotive and transportation industry.

On September 25, Tesla agreed to acquire ATW Automation for an undisclosed sum according to Automotive News Europe. ATW Automation has about 120 employees and has completed more than 20 battery production lines for international automakers, says Automotive News.

The original announcement by ATS did not name the buyer and said only certain assets would be sold and certain employees  transferred to a third party. But a person familiar with the transaction tells Automotive News that Tesla is the undisclosed third party. Reports of the sale were initially carried by trade news sources in Germany.

We know that Tesla is planing to build battery modules and packs at the new Gigafactory near Berlin and probably at the factory in Austin and Shanghai as well. The battery is the heart and soul of any electric automobile and Tesla plans to be selling millions of them in the next few years. While it is pushing the battery technology envelope aggressively, as my colleague Alex Voigt pointed out recently, it ain’t always easy moving from prototypes to production at scale. In fact, he quoted Elon Musk as saying, “Large-scale manufacturing, especially if it’s a new invention, is somehow between 1,000 and 10,000% times harder than a prototype.”

Tesla has announced recently it will transition to an entirely new large format tabless battery cell. Since no one is making such batteries at present, ramping up production will definitely require all the skill and knowledge available and perhaps that is what is driving the ATS Automotive acquisition. If we find out more about this, we will let you know.

 
 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica member, supporter, or ambassador — or a patron on Patreon.
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

New Podcast: How NVIDIA Is Bringing Autonomy To Automakers

Written By

Steve writes about the interface between technology and sustainability from his homes in Florida and Connecticut or anywhere else the Singularity may lead him. You can follow him on Twitter but not on any social media platforms run by evil overlords like Facebook.

Comments

#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.

 

Support our work today!

Advertisement

Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports

Advertisement

EV Sales Charts, Graphs, & Stats

Advertisement

Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Cars

UBS has completed a tear-down of the Volkswagen ID.3 and given the car a "best in class" rating.

Cars

Germany, the world’s 4th largest auto market, and 2nd largest for plugin electric vehicles, hit 20.7% plugin market share in February 2021, up 3x...

Cars

Tesla has taken another step “towards world domination,” according to Motley Fool Live. Host Jason Hall chatted with Danny Vena, a contributor for Fool,...

Cars

I saw a headline about this topic earlier today: “Why some Chinese are buying local electric car brands like Nio — instead of Tesla.”...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.