To save billions (literally), BMW and Mercedes consider developing a common platform for their future electric car models.
BMW and Mercedes-Benz are two rival brands, both of which market electric vehicles. But at a time when more and more economies of scale are being sought, the two competitors are now said to join forces for developing new 100% electric cars.
According to German magazine Auto Bild, the two premium car giants are currently in discussion on the subject. The goal? To study the feasibility of a joint-venture on the development of a new common platform, designed to serve compact and medium-sized future electric models.
8 billion in savings
The hypothetical partnership and the resulting common platform would save both groups around € 8 billion in the development of future electric vehicles. But for now, the entire deal is resting on discussions.