BUSINESSTECH
Tesla quietly acquires battery production expert in push to make its own cells
BUSINESSTECH

Tesla quietly acquires battery production expert in push to make its own cells

Published: October 8, 2019  |  3 min read, 669 words
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Tesla has quietly acquired a battery manufacturing and engineering company based in Canada called ‘Hibar Systems’ in a push to start making its own battery cells. There’s no detail available about the acquisition other than Tesla listing Hibar Systems as a subsidiary in its official filings with the Canadian Federal lobby registration, as first reported by Canada’s Electric Autonomy. The manufacturing company wasn’t on Tesla’s subsidiary list in July and now it appeared on it on October 2 – meaning that the acquisition happened in the last 4 months. Hibar has since gone dark, killed its... READ MORE
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Fred Lambert
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Average: 4.4/5
TOP REVIEWS
Well Sourced3
Balanced1
Investigative1

CRITIC REVIEWS

Well Sourced
October 10, 2019
Well Sourced
A brief but informative piece about certain changes in manufacturing capabilities and processes at the referenced company. Well-sourced with helpful expository links, albeit from the same outlet. The author does a good job of making the technical nomenclature accessible to the reader. A worthwhile read, particularly for those interested in keeping up with all things related to the referenced business.
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PUBLIC REVIEWS

Balanced
October 10, 2019
Balanced
The information in the article is sufficient to get an overview of the relation between the dissolution of the agreement Tesla had with Panasonic and the purchase of the Hibar system. A light read could that have been more elaborative.
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Investigative
October 14, 2019
Investigative
An interesting glance at a little known acquisition made by Tesla. Nicely goes over the little detail that is known along with some of the more known moves Tesla has recently made in the battery department.
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Well Sourced
October 14, 2019
Well Sourced
The article brings great context to show that Tesla is obviously choosing companies that are already focusing in solving problems Tesla has or will have, instead of building own teams to start to think solutions from scratch.
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Well Sourced
October 9, 2019
Well Sourced
A very well-sourced article that'll leave the reader feeling like they know everything they need to about the recent acquisition. I like how the author labels the final paragraph as "Electrek’s Take", making it clear to the reader where their speculation and potential bias comes in.
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