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Tesla Signs $60 Million Contract With Toyota

Posted by samzenpus on Sunday October 17, 2010 @06:11AM 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."

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Re:Anonymous Coward by ZDRuX · 2010-10-17 06:28 · Score: 0, Troll

Uhmm.. all profits go back to Toyota in Japan, apart from the worker's wages. If there's anything good in this as far as "U.S. economy" goes, its Tesla.

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Re:They already make Rav4 EVs by c6gunner · 2010-10-17 07:25 · Score: 0, Troll

The best way to get yourself dismissed by anyone with an IQ over 30 is to mention that piece of crap conspiracy-theory "documentary". It's creators make Michael Moore look like a paragon of honesty and openness.