Mercedes is holding talks with US electric car manufacturer, Tesla.

Head of development at Mercedes, Thomas Weber, told WirtschaftsWoche that Tesla is interesting because it has a certain knowledge of battery technology, and experience with car production.

Tesla has developed a lithium-ion battery-driven sports car that sells for almost US$100,000. It is assembled by Lotus.

Weber said Mercedes wanted to be the first manufacturer to bring a hybrid car with a lithium-ion battery to the market by 2009.

The system is being developed with the German supplier, Continental. and US battery specialist, A123.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.