The Car Loan Warehouse|BMW & Tesla Join Forces for the Electric Revolution

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BMW & Tesla Join Forces for the Electric Revolution

June 16, 2014

Last week, electric car giant Tesla confirmed plans to open up its patents for others, accelerating the development and adoption of these innovative new green technologies. As the electric revolution continues to break into mainstream motoring, this greener consciousness now seems to be making its way into the driver’s mentality – and now Tesla has allied itself with BMW on the global mission for environmentally conscious driving. Here’s the full story.

Less than a week ago, executives at BMW and Tesla met to discuss electric cars – namely, the promotion of these environmentally-friendly vehicles going forward. Having pioneered the ‘Supercharger’ DC fast-charging station, Tesla is the automaker behind this push for electric cars. No longer holding the patent on this technology, it seems that they’re ready to give other industry giants the green light on green motoring and make the Supercharger stations accessible to other automakers’ future models.

There is little detail about the meeting between BMW and Tesla, however, what’s clear is that this could signal a new wave of environmental consciousness in the motoring world. With ecological projects like this, it’s essential that the mission itself remain ultimate at all times, with chief executive Elon Musk describing the patent limitations imposed on other automakers as “contrary to that goal”. The belief is that “Tesla, other companies making electric cars, and the world would all benefit from a common, rapidly-evolving technology platform”, paving the way for a greener motoring mentality across the globe.

Tesla’s fast-charging stations offer electric car drivers the quickest charge possible, with a 2014 BMW i3 getting a 50 percent charge in only 20 minutes (adding 150 miles of range to 85-kw-hour model). By providing access to these superior charging stations across the motoring industry, this is a big step for the electric movement. The next step will be for a more comprehensive charging network to become available, as greater accessibility to fast-charging stations will undoubtedly offer a level of convenience guaranteed to persuade as yet unconvinced petrolheads.

With 22,500 of the Tesla Model S sold last year, it’s clear that the demand for electric cars continues to grow – and by making the decision to go green ever easier for those yet to convert, Tesla can change the future of motoring for the better. As Musk writes in his recent post on the Tesla blog, “technology leadership is not defined by patents, but rather by the ability of a company to attract and motivate the world’s most talented engineers.” And, in light of this self-professed “open source” philosophy, we think the future might just be a green one.

 

If you’re ready to make the move to electric cars but don’t have the funds for your own Tesla Model S, don’t fret. At the Car Loan Warehouse, we’re in the business of finding funds – and we can help you secure car financing that suits your budget. Try our car loan calculator now to find your rate – or apply now if you know you’re ready to take the electric leap.

About The Author

Jon Le Roux is co-founder and company director of The Car Loan Warehouse. Being a mad engineering and motorsport enthusiast, I spend more hours than is healthy, watching, reading or talking about cars, boats, motorbikes…..basically anything with an engine.