Tesla appears to be behind the acquisition, or “acqui-hire”, of a company developing direct drive motors for robots as it is being liquidated by Koch Engineered Solutions.
Besides the SolarCity acquisition, Tesla has avoided large acquisitions despite a significant cash position.
However, the automaker is known to have made several smaller acquisitions, especially in the manufacturing industry, either to secure manufacturing automation technologies or to “acqui-hire”, which refers to acquiring a company’s talent.
Here are several examples:
Now, Electrek has learned that Tesla might be adding a company, or at the very least its talent, to that list.
Genesis Motion Solutions is an engineering firm specializing in direct drive motors based in British Colombia, Canada.
In 2018, it received a strategic, controlling investment from fossil fuel giant Koch Industries.
Earlier this year, they announced that Koch was stopping operations of the company and liquidating it:
Shortly after, Electrek noted that many Genesis engineers started to join Tesla. Now, Electrek has found 18 former employees of Genesis who have joined Tesla.
The first engineers to joined Tesla from Genesis were Matt Balisky and Nick di Lello last year prior to Koch liquidating the company. Their role of “design actuators for humanoid robotics” at Tesla hints at the company’s interest in Genesis.
Genesis’ main product was LiveDrive. The company described the product on its website before taking it down last year:
Introducing LiveDrive housed and frameless direct drive rotary motors – engineered with patented electromagnetic technology for more torque to mass than competing direct drive motors, resulting in maximum productivity and efficiency for your machinery.
Direct drive motors offer highly dynamic acceleration and a high level of positional precision,often resulting in high efficiency.
Their main downsides are generally their costs and their limited torque.
It makes them interesting solutions as actuators for robots, which is one of the applications envisioned by Genesis founder and LiveDrive inventor James Klassen
We couldn’t confirm if Tesla is only acquiring Genesis’ talent amid the liquidation, much like an “acqui-hire” situation, or if the automaker is acquiring some or all of the company’s assets.
Electrek checked the company’s Canadian patents and Genesis is still the owners on record.
Interestingly, most of the new hires from Genesis came amid the big wave of layoffs earlier this year.
However, Tesla’s AI and Robotics department, which is leading the development of Tesla’s self-driving effort and Optimus humanoid robot, has been one of the rare departments spared in the round of layoffs.
Elon is making it clear that Tesla’s priority is self-driving and humanoid robot. After laying off as much as 20% of the staff, it’s clear that those are the safest jobs at Tesla.
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Fueled by incentives from the Illinois EPA and the state’s largest utility company, new EV registrations nearly quadrupled the 12% first-quarter increase in EV registrations nationally – and there are no signs the state is slowing down.
Despite the dramatic slowdown of Tesla’s US deliveries, sales of electric vehicles overall have perked up in recent months, with Illinois’ EV adoption rate well above the Q1 uptick nationally. Crain’s Chicago Business reports that the number of new EVs registered across the state totaled 9,821 January through March, compared with “just” 6,535 EVs registered in the state during the same period in 2024.
At the same time, the state’s largest utility, ComEd, launched a $90 million EV incentive program featuring a new Point of Purchase initiative to deliver instant discounts to qualifying business and public sector customers who make the switch to electric vehicles. That program has driven a surge in Class 3-6 medium duty commercial EVs, which are eligible fro $20-30,000 in utility rebates on top of federal tax credits and other incentives (Class 1-2 EVs are eligible for up to $7,500).
The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.
Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.
XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?
Easy in, easy out
XCMG battery swap crane; via Etrucks New Zealand.
The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.
As “extreme” weather events become more commonplace, the demand for reliable and portable energy continues to rise. In response to that growing demand for dependable off-grid power, Volvo has developed the new PU500 Battery Energy Storage System (BESS) designed to take electrical power when it’s needed most.
Designed to be deployable in a number of environments at a moment’s notice, the Volvo Energy PU500 BESS is equipped with approximately 500 kWh of usable battery capacity (up to 540 kWh total). More than enough juice, in other words, to power a remote construction site, disaster response effort, or even a music festival – anything that needs access to reliable electricity beyond a grid connection.
That’s great, but what sets the PU500 apart from other battery storage solutions is its integrated 240 kW DC fast charger.
“With an integrated CCS2 charger, the PU500 is designed to work with all brands of electric equipment, trucks, and passenger cars,” says Niklas Thulin, Head of BESS Product Offer at Volvo Energy. “This ensures that no matter what type of electric vehicle or machinery you rely on, the PU500 can provide the power you need, making it a truly flexible solution for any grid constrained site or location.”
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The integrated charger in the PU500 has the impressive ability to charge a heavy equipment asset (be that an electric semi truck or something like a wheel loader) in under two hours. Its on-board capacity allows to fully recharge up to 3 electric HD trucks or 20 electric cars per day, making it an incredibly versatile disaster response asset.