Company revealed ”TeslaThe giant of the electric vehicle industry around the world, to its American billionaire owner Elon Musk, about its acquisition of the German company (ATW Automation), a supplier that assembles units and battery packs for the electric car industry.
It was ATW, a subsidiary of ATS Automation Tooling Systems Inc. ATA.TOThe Canadian, on the verge of liquidation due to the decline in orders, last September.
And the company (ATS) announced on the 25th of last September that some assets in one of its German-based units will be sold and transferred to a third party, without revealing the company’s name.
ATW, based in western Germany, employs about 120 employees and has completed more than 20 battery production lines for global automakers, according to the ATS website.
Tesla plans to significantly increase battery production in the coming years, and during a recent event it introduced innovations that it said will significantly reduce the cost of battery packs over the next three years.
The company is currently building a third car manufacturing facility near Berlin, which will also include a battery factory, and aims to start construction at a new car plant in Texas this year.
The planned future Tesla range includes the light, truck-like Cybertruck, which requires a higher battery capacity.
On Friday, Tesla said it had achieved a record number of 139,300 cars delivered worldwide in the third quarter, and the company aims to deliver half a million cars by the end of this year.
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