Tesla (TSLA) and BMW have met to discuss a plan that could lead to the creation of charging stations meant for different types of electric vehicles.
BMW and TSLA met in German to advance the spread of electric car models.
One of the main issues in the widespread use of such vehicles is the limited range of use and the shortage of charging station, which the companies said they plan to find stronger solutions to.
“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.
Via Reuters:
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.
The companies are looking to increase the availability of fast-charging stations, which allow electric vehicles in 20 minutes to recharge up to 80% capacity.
Tesla has in place a number of charging stations in German already in a move that’s meant to assist in long-distance driving.
TSLA stock is up 35% year to date.
