Toyota and Tesla annouce powertrain agreement


14 Oct 201094 Views

Tesla has entered into a $60m (around €43m) agreement to develop a powertrain system for the electrified Toyota RAV4.

The companies entered into an agreement to start developing the electric powertrain system, including a battery, power electronics module, motor, gearbox and associated software, which will be integrated into an electric vehicle version for the RAV4 in July.

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The RAV4 will employ Tesla’s liquid cooled lithium ion battery configuration and it is planned to go on sale in 2012.

It is scheduled to be showcased this November.