Toyota RAV4 Electric to Reach Dealerships in 2012
The car was officially on display for the first time at the Los Angeles Auto Show last month, after Toyota confirmed in mid October that it is going to pay Tesla Motors approximately $60 million for the development of the project.
"Pursuant to the Agreement, based on preliminary specifications, TMC will pay Tesla approximately $60 million for the development services to be provided by Tesla. The parties will mutually agree to the final specifications, deliverables and payment amounts and schedule within 60 days of the execution of the Agreement. This amount will be paid in various installments during the term of the Agreement," it was mentioned in an 8-K form revealed in October.
The electric version will be offered with a mild facelift, which includes changes at the front bumper, grille, fog lamps and head lamps. At the interior, the electric RAV4 features custom seat trim, multimedia dash displays, push-button shifter and dashboard meters. According to Toyota, no cargo space has been launched with the fitting of the battery system (73-cubic-foot cargo area with rear seats folded down).
Using the battery technology developed and tweaked by Tesla for its models (lithium metal oxide, 30 kwh), the RAV4 is said to be capable of achieving a range of about 100 miles (160 km).