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November 25, 2014

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Tesla, BMW may cooperate on batteries

US electric carmaker Tesla Motors is in talks with Germany’s BMW over a possible collaboration in batteries and lightweight components, Tesla’s Chief Executive Elon Musk told German weekly Der Spiegel.

Musk described BMW’s production of carbon fiber reinforced car body parts as “interesting” and “relatively cost efficient.”

BMW uses carbon fibers from its joint venture with materials supplier SGL to 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.

A spokeswoman for Tesla in Germany later described the discussions as informal.

“The conversation between Elon Musk and BMW has been a casual conversation, and not about a formal cooperation,” Kathrin Schira said.

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.




 

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