World News Insights
1-3 Minute Gist

All Topics Article

Electric Car Agreement for Toyota and Tesla

New York Times Original article ›

Keywords:

LyrArc Article Gist
After test driving a Tesla Roadster in California in April 2010, Akio Toyoda, Toyota CEO, asked a senior executive Ihara to test-drive Tesla's Model S prototype car. This has led to a deal between the two companies, Tesla Motors and Toyota. Under this deal Tesla will use the NUMMI manufacturing facilities in Fremont, California, to build the Model S electric car. Model S is Tesla version of an electric car that would fit high end customer's budget for an electric car. The Model S price is starts at $50,000. Before this Tesla build 1000 Roadster electric cars which cost $100,000 each. Tesla was given $465 million by the US governmet to make a car that would be closer to what car buyers pay for premium cars. As part of this deal Toyota will buy $50 million of Tesla stock after its IPO. Toyota will cooperate with Tesla in the development of electric car parts and production systems and engineering. Separately Toyota plans to bring its own electric car to the market by 2012.

The Tesla deal with Toyota for the S model electric car

05/20/2010

Grouped Articles

Electric Car Agreement for Toyota and Tesla

New York Times 05/20/2010

Tesla Plans to Add Charging Network in China

Wall Street Journal 01/15/2014

Tesla Projects Big Increase in Production

Wall Street Journal 02/20/2014

Lithium Producer Chases Tesla’s Bold Battery Plan

New York Times 03/16/2014

Does Tesla Really Need a $5 Billion Battery?

Wall Street Journal 04/02/2014

Seeing Future in Fuel Cells, Toyota Ends Tesla Deal

New York Times 05/12/2014

Toyota's strategies in the hybrid, electric, and high fuel efficiency automobile market.

05/18/2005

Toyota's strategy is to license its technology for hybrids, and it has meticulouslp filed patents for moore than 2000 components in the Prius hybrid.

Grouped Articles

Toyota Debuts New Compact Hybrid Aqua

Wall Street Journal 12/27/2011

Toyota Bets on Upgraded Prius to Bolster Global Sales

Wall Street Journal 01/13/2009

With Gas Prices Less of a Worry, Buyers Pass Hybrid Cars By

New York Times 05/14/2015

Buy a Hybrid, and Save a Guzzler

New York Times 02/08/2006

Toyota Says It Plans Eventually to Offer an All-Hybrid Fleet

New York Times 09/14/2005

At Frankfurt Auto Show, a Reluctant Embrace of Hybrids

New York Times 09/15/2005

Electric cars.

10/28/2009

Grouped Articles

Tesla and Panasonic Agree to Build Factory in U.S.

New York Times 07/31/2014

The Tiny Leader of the Pack

New York Times 10/28/2009

The Surge in Electric Cars

Wall Street Journal 12/16/2009

In India, 'Green Cars' Look Like a Hard Sell

Wall Street Journal 01/08/2010

Electrics, Hybrids Star at Auto Show

Wall Street Journal 01/08/2010

Nissan Says Electric Car Is Sold Out for This Year

New York Times 05/25/2010


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us