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Tesla Signs $60 Million Contract With Toyota

Posted by samzenpus on from the electric-money dept.

thecarchik writes "Tesla Motors announced that it has reached a $60 million deal with Toyota to develop the powertrain for an electric version of the strong-selling Rav4 sport utility vehicle. A prototype RAV4 Electric will be unveiled by Toyota at November's Los Angeles Auto Show. The company plans to sell the electric RAV4 starting in 2012, the same year that a number of new electric cars will join the 2011 Nissan Leaf and 2011 Chevrolet Volt in the US market."

8 of 233 comments (clear)

  1. Anonymous Coward by Anonymous Coward · · Score: 1, Funny

    Anyone else initially assume it was about the band, Tesla?

    1. Re:Anonymous Coward by Byzantine · · Score: 3, Funny

      No.

    2. Re:Anonymous Coward by triazotan · · Score: 2, Funny

      Anyone else initially assume it was about the band, Tesla?

      Anyone else initially assumed it was about Nikola Tesla?

  2. Re:Excellent news by bsDaemon · · Score: 4, Funny

    Is that you, Mr Edison, behind that Guy Fawkes mask?

  3. Electric cars are not the answer by dreamer.redeemer · · Score: 4, Funny

    An electric car is still a car--an absurdly overweight waste of energy. If you want something that can really make a difference, get an electric bicycle: cheaper, cleaner, healthier, and ~1000 mpg equivalent.

    --
    the most powerful intellect is that unbounded by indubitable preconception
    1. Re:Electric cars are not the answer by larry+bagina · · Score: 3, Funny

      how about a regular bike? 10 miles per donut.

      --
      Do you even lift?

      These aren't the 'roids you're looking for.

  4. Re:Parent - Interesting.... by vlm · · Score: 4, Funny

    When you add the oil to fry the donut, and the mechanized farming fuel, fertilizers and insecticides made from crude oil, its probably more like 0.1 miles per donut. May as well take the car.

    --
    "Science flies us to the moon. Religion flies us into buildings." - Victor Stenger
  5. Re:might i say by mfnickster · · Score: 5, Funny

    > Toyota was the only manufacturer that didn't put the brakes on the deal.

    Toyota doesn't put the brakes on ANYTHING.

    --
    "Slow down, Cowboy! It has been 3 years, 7 months and 26 days since you last successfully posted a comment."