Tesla Motors is holding discussions with BMW over a possible partnership in batteries and lightweight components, reports German weekly Der Spiegel, citing Tesla chief executive Elon Musk. He told the weekly in an interview that BMW's production of carbon fiber reinforced car body parts is "interesting" and "relatively cost efficient."
He said the companies are in talks over a potential collaboration in battery technology or charging stations. BMW uses carbon fibers from its SGL joint venture to produce reinforced passenger cell parts for the BMW i3 electric hatchback and i8 plug-in hybrid sports car.
BMW and Tesla executives already held a meeting in June to talk about setting up charging stations that can be used to power up different types of electric cars.
Musk also remarked to Der Spiegel that he expects Tesla to have a battery production site in Germany in five to six years. Daimler AG remarked in October that it would still collaborate with Tesla even after it sold its remaining holdings in the US carmaker.