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BMW dismisses Tesla tie-up talk

Despite recent rumors to the contrary, don't expect to see much collaboration between Tesla and BMW in the near future. Based on some rather prickly statements from the German automaker, Elon Musk might have even burnt some bridges in Bavaria with his latest proclamations. The spat stems from Musk's recent interview with German magazine Der Spiegel where he discusses future collaboration with BMW on "battery technology or charging stations" and the possibility of a battery factory in Germany. But apparently, any future tie-ups are news to the Bavarian automaker. In an interview with the German business publication Wirtschafts Woche, an unnamed spokesperson for the company claims Musk said it all for PR value and swats down most of the statements. BMW has no intention of acquiring Tesla shares, and they aren't working together on any tech. There's not much chance for future cooperation on a battery factory in Germany, either. BMW believes that the cells can just as easily be purchased from suppliers, like other auto parts. The one slight concession is that the spokesperson said that the German automaker would be willing to supply Tesla with carbon fiber. That's not an exclusive offer, though, and the company is open to negotiate such a deal with any interested automaker.

Recharge Wrap-up: electric taxis in Montreal, Sebastien Buemi leads Formula E testing

Sebastien Buemi leads the pack in the second session of Formula E pre-season testing. Buemi, driving for Renault e.dams, set a new lap record at Donington Park with a time of 1:31.050s. Buemi says that, with a little bit of work, he feels like he could shave off another second or more. "We could do quite a bit on the car and the car is a bit easier to drive, the stability is better, the brakes are better," he says. "I see some good potential, we just need to extract it from the car." Sam Bird was the second fastest during the testing session, followed by Daniel Abt. Read more in the press release below. A Montreal taxi company plans to create a fleet of 2,000 electric taxis by 2019. Taxi Hochelaga currently has the city's second largest fleet with 500 taxis currently in service. Owner Alexandre Taillefer believes this large fleet of green taxis will help the company compete with ride services like Uber and Lyft. "We want to be an alternative to the second car and even to the first," says Taillefer. "We will reduce traffic on the roads and pollution." The company's first electric cabs could be in service as early as November. Read more at Green Car Reports, or, if you speak French, at Le Journal de Montreal. DriveNow is open to franchising. The carsharing company, owned by BMW and rental company Sixt, will allow third parties to operate the DriveNow program in certain cities, according to a report. DriveNow is set to launch a fleet of 400 electric cars in Copenhagen, Denmark with the help of Arriva Plc. Read more from Automotive News Europe. Kandi Technologies Group Inc. on Monday reported second-quarter net income of $5.4 million. On a per-share basis, the Jinhua, China-based company said it had profit of 12 cents. Earnings, adjusted for non-recurring gains, were 10 cents per share. The electric and all-terrain vehicle maker posted revenue of $48 million in the period. For the current quarter ending in October, Kandi Tech said it expects revenue in the range of $49 million to $51 million. Kandi Tech shares have dropped 45 percent since the beginning of the year. The stock has fallen 59 percent in the last 12 months. The AP contributed to this report. BUEMI STAYS ON TOP IN SECOND TEST Renault e.dams driver heads field for consecutive days at Donington Park DONINGTON PARK, UK (August 11 2015): Sebastien Buemi broke the Formula E lap record at Donington Park as he once again set the fastest time in pre-season testing.

BMW Vision Future Luxury Concept is bold and beautiful in Beijing

BMW officially unveiled the Vision Future Luxury Concept today (or is it tomorrow?) at the 2014 Beijing Motor Show, giving the world's media an in-the-flesh look at not only a future design theme for the brand, but a rumored flagship model.
This is a looker in person, thanks to its Pininfarina Gran Lusso Coupe-inspired design, and it's not too difficult to imagine it in production car form, with smaller wheels, larger mirrors and the other minor transformations that take place from drawing board, to auto show and, finally, to assembly line. In general, it seems like there are more than a few parts of this vehicle that are ready for production.
We didn't talk about it in our initial post, but it bears mentioning that this particular concept is wearing an eDrive badge on its backside, indicating that under the Vision Future Luxury's long hood is some form of plug-in-hybrid propulsion. It's anyone's guess as to what engine, battery and motor combinations BMW is playing with, although it does seem questionable whether BMW would launch a PHEV flagship to do battle with a top-rung variant of the Mercedes-Benz S-Class (which will likely use V12 power).