“Challenge by the e-car pioneer”
The takeover of German engineering company Grohmann, a supplier of automated systems for the automotive and other industries, by US e-car pioneer Tesla will be the cornerstone for an automated production site in Germany, writes Lukas Bay in business daily Handelsblatt. Tesla announced that the takeover will create about 1,000 jobs at Grohmann’s headquarters and plans to develop the “factory of the future” there in which “machines will build machines”, writes Bay. The purchase showed that “Tesla is under enormous pressure to ramp up production”, Stefan Bratzel, head of the Center for Automotive Management at the Bergisch-Gladbach University for Applied Sciences, said. According to the author, Grohmann’s technology is supposed to help Tesla increase its production of e-cars to half a million per year.
Read the article in German here.