Tesla acquires Canadian battery manufacturer in push toward in-house cell development

Teslarati
By Joey KlenderOct 6, 2019, 5:00 am200 pts
Tesla recently acquired Canadian battery manufacturer Hibar Systems Ltd. as the company has been rumored to have increased its efforts to produce in-house battery systems for its all-electric vehicles. The acquisition of Hibar happened under-the-radar sometime between July and October 2019. The Silicon…

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