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Is BMW purchasing a stake in Tesla? - BMW.SG | BMW Singapore Owners Community

Is BMW purchasing a stake in Tesla?

leica.chang October 24, 2014 BMW i, BMW Models, BMW News Leave a comment 147 Views

Forbes reports that BMW might be interested in buying a stake in Tesla, as Daimler is selling its stake in the premium electric car maker.

Tesla supplies electric motors and batteries for the Smart ForTwo electric vehicle and the Mercedes B-class electric car. The two companies have been in talks recently and visited each other to discuss future collaborations and the state of electric cars.

A few months ago, Tesla said it would allow competitor car companies to share its patents, to help stimulate the overall market for electric cars.

Looking at the perspective of Tesla, they may be interested to partner with BMW to gain access to the carbon fiber production and technology, an essential lightweight material in construction of light electric cars. BMW would then benefit from Tesla’s battery technology and its future production at the California plant.

This partnership can change the future of electric cars, but for now, these rumors have not been confirmed.

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