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The debate on whether or not Electric Vehicles (EV) are viable in South Africa rages on.

Tesla, Toyota ink $100m deal

2011-07-21 13:49

MAKING PROGRESS: Toyota's concept of its Rav4 electric vehicle was first shown in November, 2010.

Toyota and electric car maker Tesla have finally put their joint venture into action with the announcement of a deal equivalent to around R686 million.

According to the latest agreement, Tesla Motors will supply Toyota with electric powertrains, including batteries, charging systems, inverters, motors, gearboxes and the necessary software, for used in its Rav4 SUV in what is likely to be an extension of another deal signed between the two automakers in July, 2010.


Tesla Motors currently produces the Tesla Roadster (using a chassis from the Lotus Elise) and is working on a larger Model S.

Tesla also provides battery components and chargers to Daimler for use in certain Smart and Mercedes-Benz models.

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