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Toyota Ends Tesla Battery Partnership to Focus on Fuel Cell Tech

May 15, 2014

Photo of RAV4 EV courtesy of Toyota.
Photo of RAV4 EV courtesy of Toyota.

Toyota will allow a battery-supply deal with Tesla to expire this year, as it focuses its attention on vehicles running on hydrogen fuel cells rather than all-electric powertrains.

Toyota initially invested $50 million in Tesla in 2010 and signed a $100 million development agreement that led to the production of an electric RAV4 sport-utility vehicle that has sold poorly in limited production.

Toyota is turning its attention to a four-door sedan now known as the FCV Concept that's set for release as a 2015 model-year vehicle. The vehicle will initially be launched in California where that state has agreed to invest $200 million in fuel-cell fueling infrastructure.

In a statement to the New York Times, Toyota said it was reevaluating the Tesla pact. Tesla said it expected the deal to end in a regulatory filing.

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  1. 1. ronl [ May 15, 2014 @ 03:36PM ]

    too bad...i have a RAV4 EV, and it's a terrific car...some limitations, but it's an electric SUV with a 100+ mi range, and there's nothing like it (until the Tesla Model X comes out...).


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