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USA: Toyota and Tesla Trot Out the RAV4 EV

NEWPORT BEACH, Calif.– The RAV4 EV, a battery-powered crossover jointly developed by Toyota and Tesla, made its California debut this week.

The vehicle, aimed at urban markets here, will be offered for sale this summer for $51,000.

Tesla has a $100 million contract to supply the vehicle’s electric motors, power electronics, proprietary lithium-ion battery packs, single-speed gearboxes and software. The components, the companies said, were similar to those in Tesla’s new Model S sedan.

Indeed, the Model S and RAV4 EV will be priced nearly the same. The RAV4 platform, supplied by Toyota from its gasoline-powered version of the RAV4, offers additional utility and cargo capacity.
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