Tesla acquires German battery pack company
Oct 10,2020.
Tesla acquires German battery pack company
Foreign media reported that Tesla has agreed to acquire German car battery manufacturer ATW Automation, which is a subsidiary of Canada's ATS automation tool system and a battery module supplier for BMW and Mercedes-Benz.
At present, Tesla is accelerating the construction of its Berlin super factory. After completion, it will produce Model Y and Model 3 sedans, which will also include a battery factory.
And Tesla's acquisition of ATW Automation this time may be a preparation for its production of power batteries in Germany.
On "Battery Day", Tesla announced its latest battery technology. Focusing on reducing the cost of power batteries, Tesla has optimized the battery cells, battery materials, modules, and production lines. Tesla claims to increase its battery life by 54% and reduce the cost of electricity by 56%.
Tesla also clearly announced that it will use lower-cost lithium iron phosphate batteries, and CATL will officially supply and install machines within this year.
In addition to acquiring German battery assembly company ATW Automation, Tesla also previously acquired dry electrode technology company Maxwell and Canadian battery manufacturing equipment and engineering technology company "Hibar Systems", and signed procurement contracts with a number of Chinese equipment companies.
In addition to purchasing battery equipment, Tesla is also actively stocking raw materials for the production of lithium batteries, locking up upstream cobalt, NMC raw materials.
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