Tesla and Toyota to Develop Electric Car

Tesla and Toyota are joining forces to develop the RAV4 electric car. Tesla will be prototyping their electric powertrain for the RAV4 and Toyota will be providing the expertise and manufacturing “know how” to produce the electric car.

“Tesla’s goal is to produce increasingly affordable electric cars for mainstream buyers – relentlessly driving down the cost of EVs. California-based Tesla designs and manufactures EVs and EV powertrain components, and is currently the only automaker in the U.S. that builds and sells highway-capable EVs in serial production.”

Source http://www.pressroom.toyota.com

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