US: Toyota and Tesla collaborate on EVs

Toyota and Tesla have announced a wide-ranging collaboration regarding development and production of electric vehicles. As part of the collaboration, Toyota plans to invest US$50m in the California EV maker in exchange for common stock following Tesla’s upcoming initial public offering. German OEM Daimler also holds a stake in Tesla, Subscribe to Automotive World to … Continued

Toyota and Tesla have announced a wide-ranging collaboration regarding development and production of electric vehicles. As part of the collaboration, Toyota plans to invest US$50m in the California EV maker in exchange for common stock following Tesla’s upcoming initial public offering. German OEM Daimler also holds a stake in Tesla,

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https://www.automotiveworld.com/articles/82150-us-toyota-and-tesla-collaborate-on-evs/

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