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Toyota Partners With Tesla To Make Electric Cars
An anonymous reader writes "Toyota just announced that it will invest $50 million in Tesla Motors and the two companies will partner to manufacture electric vehicles to meet California's growing demand for greener cars. Bay Area residents should be especially excited, as this venture is expected to create thousands of new jobs in the San Francisco Bay area, and is sure to be a boon to California's flagging economy. Tesla fans as well should rejoice as the new partnership will allow the EV startup to bring its highly coveted, iconic design to more affordable electric vehicles like the Model S sedan, which will sell for $49,900 and gets 300 miles on a 3- to 5-hour charge."
You left off labor costs in California in general and the Bay Area in particular.
Wait for the announcement that they're moving production somewhere else with lower labor costs.
I'm pretty sure that the environmental impact of the current generation of electric cars is actually more than petroleum ones, just much better hidden. The electricity that's used to make and power them today is coming mostly from burning fossil fuels in 30 year old power plants. That might change in 10 years time, but it's not 10 years time, it's now.
If you were blocking sigs, you wouldn't have to read this.
My goodness, a Toyota joke? Are people still making those? Well, since you forgot to bring the funny, here's an actually amusing commentary to make up for it.
If you were blocking sigs, you wouldn't have to read this.
The batteries wear out and have to be replaced every few years.... It's just that those darn batteries are real expensive and don't last long.
Citation needed...
Bzzz. The power outages were caused by the CA government creating a central electricity trading market, which only allowed trades once a day. That meant companies were not able to react to the constantly changing customer demand, and that led to rolling blackout. In other words - per usual - blame government and price controls for the shortages.
Would You Like To Read More?
http://reason.org/news/show/powering-up-california
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