German automaker Daimler AG has got almost 10% stakes in Tesla Motors, a California based electric auto maker. Previously, both these automakers have been working together to put assemble lithium-ion battery from Tesla in first 1000 Smart car from Daimler AG.
According to Daimler AG this acquisition will prove quite effective for both the companies and they will work even closer to for new and efficient battery systems development, projects of individual vehicles and other electric drive systems.
“This collaboration will prove quite effective for the acceleration of electric drives’ commercialization globally,” says Thomas Weber, the head of research at Daimler AG.
Tesla has been producing highway-capable electric vehicles in Europe and North America for quite sometime and it’s the only automaker which is capable to produce electric vehicles for highways.
Tesla boss Elon Musk says in this connection that we are quite interested in lithium ion battery that Daimler AG has been producing for quite sometimes.
“A strategic cooperation is being done in various areas that include supply and production chain, engineering and technology and it will help to accelerate the production of Tesla S model.”
Right now Tesla is providing its Roadster in different European and North American countries. According to Tesla claims, the Roadster can cover 244miles with a single charge and it has 256mpg equivalent fuel economy.
source: autoweek
