Million-mile battery could debut by year-end
Senior Editor, AutoBeat Daily , AutoBeat
Tesla Inc. has acquired Hibar Systems Ltd., a Richmond Hill, Ont.-based battery company.
Tesla Inc. has established a small “skunkworks” team to develop its own batteries, sources tell CNBC.
Tesla Inc. has agreed to purchase Maxwell Technologies, a San Diego-based company that specializes in ultracapacitor technology, for $218 million.
Although it isn’t huge dollars—but certainly nothing to sniff at, either—the United States Advanced Battery Consortium (USABC)—a precompetitive collaboration between Chrysler, Ford and GM—announced yesterday that it has awarded some $15.6-million in contracts for advanced battery development and tech assessment.