The target for a model developed with Tesla would be for a car that costs about $40,000 with 150 miles of driving range per charge.
Alan Ohnsman - BUSINESSWEEK
- July 12, 2010
Could this be the return of the much loved RAV4-EV? --Ed.
Toyota Motor Corp. and its electric- car affiliate Tesla Motors Inc. will use the Japanese automaker’s RAV4 and Lexus RX crossovers as their first jointly developed battery-powered test models, a person familiar with the matter said.
Toyota will receive two prototypes this month, Tesla said July 10 without elaborating. While Toyota also aims to test an electric Corolla, the RAV4 and RX are better suited to the weight of Tesla’s battery pack, said the person, who asked not to be identified because the models haven’t been announced yet.
Toyota’s President Akio Toyoda said last week the partnership with Tesla, maker of the $109,000 electric Roadster, is the first of several the Toyota City, Japan-based company wants to pursue in advanced auto technologies. Toyota, the world’s largest seller of hybrid autos, bought a $50 million stake in Palo Alto, California-based Tesla this month.
“We anticipate range and acceleration exceeding that of other announced electric vehicles of this class,” Elon Musk, chief executive officer of Tesla, said today in an e-mailed message. He declined to... [Read More]