Tesla applies to become UK electricity provider

Tesla applies to become UK electricity provider
  • Clock-gray 00:27
  • calendar-gray 03 May 2020

U.S. electric carmaker Tesla Inc has applied for a licence to supply electricity in the United Kingdom, The Telegraph reported on Saturday, APA reports quoting Reuters. 

The purpose of the licence may be to introduce the company's "Autobidder" platform, the report said, citing a company source. The application does not make clear why Tesla has applied for the licence, The Telegraph reported. 

Having built a significant battery business in recent years, the carmaker is now preparing to enter the British market with its technology, the paper said, citing industry sources.

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