"Tesla Inc. is expanding into Canada with the purchase of a Richmond Hill, Ont., company specializing in battery manufacturing, Hibar Systems Ltd.
The quiet purchase — not previously reported — happened between July and October of this year, public records show.
The acquisition comes at a pivotal time for Tesla, as the Palo Alto, Calif.-based electric carmaker is known to be ramping up its own battery manufacturing efforts. That work has another Canadian connection — a five-year research agreement with Jeff Dahn, a Dalhousie University physicist and global research leader in lithium-ion batteries."
