ATS Automation lands $60-million EV order booking
CAMBRIDGE, ON — ATS Automation Tooling Systems Inc. has received an order booking from a global automotive manufacturer for a fully automated battery assembly system for their North American manufacturing operations.
This enterprise program is valued at roughly $60 million and includes the design, build and installation of two turnkey battery assembly systems. These systems are critical components of the customer’s electric vehicle (EV) strategy.
The order booking will be recorded in the company’s fourth quarter of fiscal 2020 and is expected to be delivered over the next 18 months.
“Our ability to develop a low-risk solution based on our demonstrated EV expertise and technology were critical in the customer’s decision to award ATS this strategic program,” said Andrew Hider, ATS’s chief executive officer. “The program will be built on our best-in class SuperTrak linear motion technology. We look forward to delivering on this important project, and the opportunity to expand this program in the future.