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Toyota partners Tesla on electric car

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An updated version of the all-electric Toyota RAV4 EV, a vehicle that was available to lease in America from 1997 to 2003, is to be developed with help from Tesla. Toyota expects to mass-produce the new car by 2012.

Toyota, a company that has gained a reputation for favouring hybrid technology such as that used in its Prius over pure electric vehicles, recently acquired a £35m ($50m) stake in California electric-sports car maker Tesla.

 

The move by Toyota to invest in mass-produced electric cars is in contrast to the position adopted by its rival, Honda.

 

Head of research and development at Honda, Tomohiko Kawanabe, earlier this year told Bloomberg news:“We are definitely conducting research on electric cars, but I can’t say I can wholeheartedly recommend them… It’s questionable whether consumers will accept the annoyances of limited driving range and having to spend time charging them.”

 

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