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Tesla to Deliver Pair of Prototype Electric Cars to Toyota

Toyota supplied vehicles to be equipped with Tesla-developed electric drive system.

Published: 11-Jul-2010

Electric car maker Tesla Motors said on Friday it signed a memorandum of understanding (MoU) with Japanese auto maker Toyota Motor Corp to deliver two electric vehicles to the world’s largest auto maker by the end of month.

“Since our announcement in May, Toyota and Tesla engineering teams have made a lot of progress in a short amount of time and it is exciting to start seeing some initial results,” Tesla Chief Technology Officer JB Straubel said.

“The prototypes will combine Toyota vehicles with Tesla electric powertrains,” Straubel added.
Tesla had announced the partnership to develop electric vehicles with Toyota in May, but revealed in a regulatory filing that it had no formal deal in place with the Japanese auto maker.

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