![]() Now we learn that Tesla reportedly swooped in and bought the company of 210 employees. The company was in financial trouble and there were reports that it was about to close its doors. Several reports comping from Germany, including from The European and the Wirtschaftskurier, confirm that Tesla acquired ATW Assembly & Test - Europe GmbH, a subsidiary of ATS Automation.ĪTW specializes in building assembly lines for battery and transmission manufacturing for major German automakers, like BMW and Daimler. Now Tesla is reportedly adding another similar company as a subsidiary as it plans to deploy its own battery cell manufacturing capacity. Over the last few years, Tesla has been on a buying spree of companies involved in manufacturing engineering and building machines for manufacturing, like Hibar Systems and Compass Automation. Tesla shares were trading up slightly pre-market, to $194.Tesla is acquiring a German battery assembly line manufacturer supplying BMW and Mercedes-Benz, according to several reports. We expect to add over 1,000 advanced engineering and skilled technician jobs in Germany over the next two years. ![]() Moreover, it will serve as the initial base for Tesla Advanced Automation Germany headquarters, with other locations to follow. Grohmann’s leadership, a world-class team and unique expertise in-house. ![]() Led by founder and CEO Klaus Grohmann, Grohmann Engineering is one of the world leaders in highly automated methods of manufacturing. At very high production volumes, the factory becomes more of a product than the product itself.Īfter increasing our output target to 500,000 cars per year by 2018, we began searching for the best engineering talent in automated manufacturing systems. As the machine that builds the machine, our factories are so important that we believe they will ultimately deserve an order of magnitude more attention in engineering than what they produce. They allow us to manufacture high-quality products with economies of scale, making them more affordable and accessible to the world. In a statement, Tesla described Grohmann as a "world-renowned engineering company in Prüm, Germany, which will become Tesla Grohmann Automation."Īccelerating a sustainable energy future is only possible with high-volume factories. The terms of the deal, which is subject to German regulatory approval, weren't disclosed. Account icon An icon in the shape of a person's head and shoulders.
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