BMW To Follow Tesla In Sharing EV Battery Tech: Report

BMW is reportedly open to the idea of sharing technology from its electric vehicles with other carmakers to accelerate development and lower costs.

Speaking with industry paper Automotive News, BMW purchasing boss Klaus Draeger specifically pointed to the EV’s battery technology, which the carmaker has do-developed with electrics giant Samsung.

Mr Draeger said the battery was currently the car’s most expensive component, and sharing the costs of development and production with other carmakers (possibly fellow German carmakers) would make economic sense.