In its endeavour to innovate the electric mobility space, Tesla Motors Inc earlier this month made its technology patents free for applicability to companies that were looking to build electric vehicles. Planning to seize the opportunity is Indian auto major, Mahindra & Mahindra Ltd who stated that the company will review Tesla’s technology patents, in order to advance and improvise on products coming out of Mahindra Group’s, Mahindra Reva Electric Vehicles.
Elon Musk, CEO of Tesla Motors earlier this month, made waves when he opened the company’s patents to other firms to use ‘in good faith’, saying that he was acting in the spirit of the open source community. Musk is of the opinion that patents act as barriers to progress and with the open source community, he hopes to spread, innovate and make significant advancements in electric vehicles technology.
The CEO and chairman of Mahindra Reva Electric Vehicles, Chetan Maini remarked, “We will review the patents and it’s too early to comment on the direct benefit to us.” Maini also complimented the move made by Tesla Motors by saying, “It is a great idea to share patents and technology. As a philosophy, I do believe it’s going to make people rethink on IP and technology sharing.”
Dr Pawan Goenka, executive director and president of Mahindra & Mahindra remarked that the applicability of Tesla’s patented technologies to Mahindra Reva’s future EV products would be determined after the review. At the moment, Mahindra Reva has not yet specified as to how the company would put Tesla’s technology into use.
Global auto giants Nissan Motor Co. Ltd and BMW AG have also reportedly, shown an interest in working along with Tesla in the development of electric vehicles.
U.S-based Tesla Motors currently sells the Model S electric sedan, which is a zero emission vehicle, while a fully electric SUV called Model X is in the pipeline and could be officially presented before the end of 2014.