Jaguar Land Rover, Ford and BMW in battery factory talks

In a direct threat to Tesla’s seemingly dominant position in the electric car battery market it has been reported that Jaguar Land Rover, Ford and BMW are currently in talks about building a giant battery factory. There is no doubt that the supply of electric car batteries has been an issue for some electric car manufacturers but to see three of the giants of the automobile industry working together would be a monumental shift in power.

If manufacturers are able to reduce the cost price of batteries going forward this will have a massive impact upon the affordability of electric vehicles in the future. Is this a major turning point?

Competition is good - will they be able to compete with Tesla? Time will tell but this is a good move for the industry.