Tesla acquires Hibar Systems in push toward in-house battery cell development

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 Valley-based car manufacturer has listed Hibar as a subsidiary with direct interest … Continue reading Tesla acquires Hibar Systems in push toward in-house battery cell development