A Joint Venture?

by BTM

Mon, 31 December 2018

A Joint Venture?

Rumour has it that automotive giants BMW and Daimler are to form a partnership to develop future vehicle platforms, batteries and autonomous vehicle technology. Unnamed insiders cite that the discussions are still in the early stages, and the automakers would keep any component sharing to parts that aren’t brand specific, according to Automotive News Europe.

This is not the first time that the two companies have joined hands together with a better vision. In 2017, the two automakers, along with Ford and VW, started working together to create a fast-charging network across Europe, starting with Germany, Austria and Norway. In 2016, they also teamed up with telecom companies to set the specs for 5G mobile networks.