Thursday, July 22, 2010

Toyota to launch electric version of RAV4

Toyota’s recently announced relationship with Tesla, the two companies have signed an agreement to initiate the development of an electric version of the RAV4. Prototypes will be made combining the RAV4 model (by Toyota) with a Tesla electric powertrain. The first prototype of electric RAV4 has been built and is already under test by Tesla with the intention of delivering a fleet of prototypes to Toyota for evaluation this year.
Tesla seeks to learn and benefit from Toyota’s engineering, manufacturing, and production expertise, whereas Toyota aims to learn from Tesla’s EV technology, quick decision-making, and flexibility.
Tesla’s goal is to produce increasingly affordable electric cars for mainstream buyers and steadily driving down the cost of EVs. Currently California-based Tesla is the only automaker in the U.S. that builds and sells highway-capable EVs designs and manufactures and EV powertrain components, and in serial production.

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