The increased output will not only speed production but also reduce capital expenditures required on a per-vehicle basis. Tesla has a daunting task to quickly ramp up production of its fast-selling Model 3 electric car, which reached the 373,000 reservation mark in April 2016.Īlthough the company says it has increased its Fremont, California, factory output by 400% in four years, it needs to greatly accelerate that output growth and expects the Grohmann acquisition to help in that regard. Tesla intends to acquire Grohmann as the initial base for its in-house automation, now called Tesla Advanced Automation Germany. Grohmann has 704 employees, and as of December 31, 2014, had 95.1 million euros in annual sales. and Shanghai, China, and provides manufacturing assembly machines for battery and electronics production. The company has offices located in the U.S. Prum, Germany-based Grohmann was founded in 1963 and is headed by Klaus Grohmann as CEO and Karl Reiker as CFO. The acquisition will assist Tesla in automating its factory production processes, increasing output rates and decreasing capital expenditures per vehicle.Īssuming significant output gains can be made as a result of the deal, I view it as a net positive for Tesla's outlook. Tesla shares were trading up slightly pre-market, to $194.Electric car manufacturer Tesla Motors ( NASDAQ: TSLA) has announced an agreement to acquire Grohmann Engineering. 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.
0 kommentar(er)
