2012 Electric Toyota RAV4 Announced

TESLA MOTORS, INC. (Tesla) and TOYOTA MOTOR CORPORATION (TMC) today announced that the two companies have signed an agreement to initiate the development of an electric version of the RAV4 as announced in May of this year by Elon Musk and Akio Toyoda. With an aim to market the EV in the United States in 2012, prototypes will be made combining the Toyota RAV4 model with a Tesla electric powertrain. Tesla plans to produce and deliver a fleet of prototypes to Toyota for evaluation within this year. The first prototype has already been built and is now undergoing testing.


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FatnSassy - 7/16/2010 2:16:07 PM

+1 Boost

Did you see Tesla's stock price jump today?

Joe_Limon - 7/16/2010 6:08:30 PM

-2 Boost

no, not really, it's still well below the ipo price. Which isn't surprising.

Agent63 - 7/19/2010 8:08:58 AM

0 Boost

Watch many potential Highlander hybrid buyers drop down to a Rav4 buyer since they never had the choice. Now they have the option.

t_bone - 7/19/2010 9:48:59 AM

+1 Boost

Interesting but a cute-ute won't have much range on the highway...aerodynamically its a brick on oversize tires.