Tesla acquires German battery assembler
Tesla acquires German battery assembler

Reuters quoted a source familiar with the matter as saying that Tesla had agreed to acquire German company ATW Automation, a supplier that assembles batteries and packaging for automakers.

In September, German media reported that ATW, a subsidiary of Canadian company ATS Automation Tooling Systems, was on the verge of liquidation due to lower orders.

ATS announced on September 25 that it would sell some of its assets and employees in a division in Germany and transfer them to third parties without revealing the company name.

Works at ATW; According to the ATS website, the company is headquartered in western Germany, employs about 120 people and has completed more than 20 battery production lines for international automobile manufacturers.

Tesla plans to significantly increase battery production over the next few years and recently introduced innovative technologies at an event. Tesla is expected to significantly reduce battery costs over the next three years.

The company is currently building its third auto plant near Berlin, which will also include a battery factory, and plans to start building a new car plant in Texas later this year.

The future scope of Tesla's plan includes a light truck-style e-truck that requires a higher battery capacity.

Tesla announced Friday that it shipped 139,300 cars worldwide in the third quarter. The company's goal is to deliver 500,000 cars by the end of this year.

Tesla said that the company shipped 90,650 electric vehicles in the second quarter of 2020, but the number of cars sold fell to 87,048. Most of them were Model 3.

Tesla (Tesla) launched in 2020 and plans to introduce at least 500,000 electric cars this year. However, the company has stopped paying cash and said it will exceed 500,000 deliveries this year.

On September 22, CEO Elon Musk said at the company's annual general meeting: Car deliveries could increase by 30% to 40% compared to 2019. This means that between 477,750 and 514,500 vehicles will be delivered in 2019. In In 2020, this range includes Tesla's previously announced target of delivering 500,000 vehicles this year.

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