Tesla To Supply Powertrain For Future Electric Mercedes-Benz

Some may remember in 2009, Daimler purchased a 10 percent stake in Tesla for the joint development of a Smart EV.

Once again, Tesla and Daimler will once again collaborate on a new project, this time an electric Mercedes-Benz. Tesla’s fourth-quarter earnings report revealed details regarding its role as the full powertrain supplier for a yet-to-be-named future Mercedes-Benz model. Components from Tesla include an electric motor, transmission, inverter and computer software.

Money is supposed to start flowing between the companies by the end of this year’s second fiscal quarter, but further details on the vehicle, its production date, or its volume are available in the report.

[Source: Autoblog]