Mexican Media Brands
BMW Won’t Buy Stake in Tesla
BMW AG says it has no interest in acquiring equity in U.S. electric carmaker Tesla Motors Inc., WirtschaftsWoche reports.
#hybrid
Share
BMW AG says it has no interest in acquiring equity in U.S. electric carmaker Tesla Motors Inc., WirtschaftsWoche reports.
Tesla said last week the companies have held informal talks about collaboration. But it added there are no plans to launch an alliance.
Reporters raised the question last month after Daimler AG sold its 9% stake in Tesla for €614 million. Daimler says Tesla will continue to supply electric powertrains for Mercedes-Benz B-Class EVs.
Last month Tesla CEO Elon Musk told Der Spiegel that the company was discussing a possible alliance with BMW in batteries, EV charging stations and carbon-fiber-reinforced car parts. BMW describes those talks as "a casual conversation."
RELATED CONTENT
-
Tesla Owners in Germany Ordered to Return Subsidy
Germany has ordered about 800 Tesla Model S electric cars owners to pay back a €4,000 ($4,700) government subsidy they received.
-
Honda to Make Hybrids in Thailand
Honda Motor Co. is preparing to launch production in Thailand of hybrid cars and the batteries that help power them.
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.