Toyota & Tesla : Creating a New Generation of Vehiclesclose
At Toyota, we’re not just building great cars today — we’re also investing in the future.* In 2010, Toyota formed a partnership with Tesla Motors, based in Palo Alto, California, to develop and manufacture electric vehicles (EVs) like the new Toyota electric RAV4, scheduled for market this year. In total, Toyota has invested $50 million in Tesla. Working side-by-side with Tesla is just one example of Toyota’s emphasis on supporting environmentally sensitive mobility, and developing advanced technology vehicles to meet the needs of our consumers today — and tomorrow.
*Toyota vehicles and components are built using U.S. and globally sourced parts