Jaguar Land Rover is currently holding talks with Ford and BMW to establish a battery factory for future electric vehicles. The British company is seemingly keen to collaborate and build a plant with the capacity to power several hundred thousand vehicles.
Tesla currently dominates the electric vehicle market, which makes the other three businesses borderline desperate to make the most of the growing demand. Indian company Tata-owned JLR does not have an electric vehicle and does not build its own EV batteries. Meanwhile, Ford's batteries for the Focus Electric are produced in collaboration with a subsidiary of LG, and BMW gets its batteries from Samsung.
A joint venture will benefit all three manufacturers. Jaguar is said to be developing its first all-electric car, based on the F-Pace, Ford has also courted speculation that it will produce an electric model after it blocked Tesla's attempt to use the 'Model E' moniker, and, an all-electric BMW i8 is also in the pipeline but will not come to fruition before the current model's imminent mid-life refresh. Spokespersons of none of the companies were able to give information on the project.
