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Lifestyle20 April 20152 min read

TESLA MOTORS IN TALKS WITH BMW

Mulls possible alliance in batteries and light-weight components U.S. electric carmaker Tesla Motors is in talks with Germany's BMW over a possible alliance in batteries and light-weight components, Tesla's Chief Executive Elon Musk told German weekly Der Spiegel. In an interview

Editorial Team Legacy

Published 20 April 2015, 8:00 · Updated 21:39

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TESLA MOTORS IN TALKS WITH BMW

Mulls possible alliance in batteries and light-weight components

U.S. electric carmaker Tesla Motors is in talks with Germany’s BMW over a possible alliance in batteries and light-weight components, Tesla’s Chief Executive Elon Musk told German weekly Der Spiegel.

In an interview published yesterday, Musk described BMW’s production of carbon fibre reinforced car body parts as “interesting” and “relatively cost efficient.”

BMW uses carbon fibres from its joint venture with materials supplier SGLto make reinforced passenger cell parts for its i3 electric hatchback and i8 plug-in hybrid sports car.

“We are talking about whether we can collaborate in battery technology or charging stations,” Musk was quoted as saying in the interview.

There were no further details on the specific nature of the alliance, however BMW and Tesla executives already met in June to discuss the creation of charging stations usable for different types of electric cars.

Rival Daimler, owner of the Mercedes brand, said last month it would continue to collaborate with Tesla even after selling its remaining four per cent stake in the U.S. company. Tesla has also worked with Toyota on electric SUVs.

Tesla’s billionaire co-founder Musk also told Der Spiegel that he expects Tesla to have a battery production plant in Germany in five to six years.

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