Tesla Motors announced that it has reached a $60 million deal with Toyota Motor Corp, in order to develop the powertrain for an electric version of the RAV4 SUV. For those who don’t know, back in July, Tesla and Toyota announced that plans to work jointly on an electric version of the RAV4. The Toyota RAV4 is one of the top-selling cars in its segment in the United States but also on the European market.
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