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BMW and Tesla in “Talks”

Reuters reports that Elon Musk has been in talks with BMW over possible collaboration in the design of batteries and other components.

The talks have taken place between the Chief Executive of Tesla Elon Musk and BMW executives. Musk is supposedly interested in working with BMW on lightweight body parts and battery technologies.

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

Although, a spokesperson later said that the talks were “informal” and not indicative of an official collaboration between the two companies.

BMW has shown an increased interest in electric cars after recently releasing its first mass-produced EV, the BMW i3 full electric vehicle.

Source: Business Insider

Ryan Simmons

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