UPDATE 2-BMW and Tesla executives meet to discuss electric cars – Reuters

Posted: Friday, June 13, 2014

* BMW and Tesla executives seek ways to promote electric

* Meeting was held on Wednesday

* BMW declines to comment in detail about nature of talks

(Adds detail on charging stations)

By Edward Taylor

FRANKFURT, June 13 (Reuters) – Executives from German
carmaker BMW and U.S.-based Tesla Motors Inc
met this week in a move which could lead to the creation of
charging stations usable for different types of electric cars.

BMW and electric carmaker Tesla are seeking ways to raise
the popularity of battery-powered vehicles, which consumers have
shunned due to their limited operating range, the scarcity of
charging stations and the time it takes to recharge them.

“Both companies are strongly committed to the success of
electro-mobility and discussed how to further strengthen the
development of electro-mobility on an international level,” a
BMW spokesman said in a statement on Friday.

BMW said the meeting had taken place on Wednesday but
declined to comment in detail about the nature of the talks, or
about which BMW executives had met with Tesla.

In a conference call on Thursday, Tesla Chief Executive Elon
Musk said there had been talks with BMW about how to promote the
use of electric vehicles and how to make better use of Tesla’s
network of charging stations.

Carmakers including General Motors, Ford,
Chrysler, BMW, Daimler, Volkswagen, Audi
and Porsche have committed to adopting a common SAE combo
standard for fast-charging connectors.

Fast-charging stations allow electric vehicle owners to
recharge batteries up to 80 percent in less than 20 minutes.
Today, the Chevrolet Spark and the BMW i3 for example can use
the same battery recharging stations.

Tesla has, however, developed its own network of high-speed
charging stations including along key autobahn routes in Germany
in an effort to make electric cars viable for long-distance

Tesla’s charger system can be fitted with an adapter that
allows its cars, including the Tesla Model S, to be recharged on
both the SAE chargers and its own system.


Tesla also said on Thursday that it would allow others to
make use of its intellectual property in the hope of speeding up
development of electric cars by all manufacturers.

Musk said this included all of Tesla’s patents, including
several hundred current ones and several thousand in the future.

German premium auto makers have been keen to collaborate
with Tesla.

In January, Daimler Chief Executive Dieter
Zetsche said the German maker of Mercedes-Benz cars was open to
deepening its partnership with the U.S. firm.

Daimler holds a 4.3 percent stake in Tesla, which is already
supplying it with electric motors and batteries for its Smart
Fortwo electric vehicle (EV) and the new Mercedes-Benz B-Class

(Editing by Jonathan Gould and Mark Heinrich)


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