Jump to content

BREAKING: Governator says Tesla teaming up with Toyota in Cali


NewsFeeder

Recommended Posts

Filed under: Sedan, Government/Legal, Plants/Manufacturing, Toyota, Tesla, Electric

tesla-model-s-white-630-1252617902.jpg
Tesla Model S sedan - click above for high-res image gallery

California Governor Arnold Schwartzenegger has apparently let slip ahead of a scheduled 5pm Pacific announcement that Tesla Motors will be teaming up with Toyota to build electric cars.

While some might speculate that the agreement could result in the re-opening of Fremont's idle New United Motor Manufacturing Inc. plant (NUMMI), SFGate says that this is somewhat unlikely. Any production agreement will likely involve the forthcoming Model S sedan, and NUMMI's facilities are significantly larger than what the model will require, as it was originally scaled to accommodate the joint venture between Toyota and General Motors which required much greater capacity. The smart money is on a new factory location, probably in Downey, CA (in Los Angeles County).

It is not yet clear what Toyota will bring to the table or what, if any money or stock is changing hands with this agreement. Also, no word yet on how Mercedes-Benz feels about all this - the German automaker already has a 10 percent stake in the company after opening its coffers to the struggling EV manufacturer back in May of 2009.

More information as it becomes available...


Gallery: Tesla Model S

model-s-official-5b_thumbnail.jpgmodel-s-official-4b_thumbnail.jpgmodel-s-official-6b_thumbnail.jpgmodel-s-official-2b_thumbnail.jpgmodel-s-official-1b_thumbnail.jpg

[source: SFGate]

BREAKING: Governator says Tesla teaming up with Toyota in Cali originally appeared on Autoblog on Thu, 20 May 2010 16:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

di
di

autoblog?i=-X3GyjzDfh8:5pJkZjODfcM:wF9xT autoblog?i=-X3GyjzDfh8:5pJkZjODfcM:V_sGL
-X3GyjzDfh8

View the full article
Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



About us

CheersandGears.com - Founded 2001

We  Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...