Archive for June 15th, 2010

Toyota and Tesla Working on a New Electric Vehicle

June 15th, 2010

First of all it would be worth mentioning that last month that Japanese car-making giant, Toyota, announced that it looks forward to invest $50 million in Tesla Motors.

The company also stated that it had a plan for Tesla to acquire the NUMMI (New United Motor Manufacturing) GM/Toyota plant located in Fremont, California.

At the same time Toyota did not confirm that it teamed up with Tesla to work on an actual car. » Read more: Toyota and Tesla Working on a New Electric Vehicle