Last we heard, Tesla had refuted any information about having entered into any agreements with Toyota and further added that they ‘may’ never do so as well.
‘May’ being the operative word, has now opened a door to new possibilities because Japan’s Nikkei newspaper mentioned that Tesla and Toyota ‘may’ have already struck a deal to develop an electric prototype by the end of 2010.
Here is what Nikkei had to say:
Upon forming capital and business tie last month, Toyota and Tesla said that they will jointly develop electric vehicles and share expertise, such as Tesla’s electric-vehicle technologies and Toyota’s production know-how. As the first step, the two firms aim to develop a prototype based on a current Toyota model using Tesla’s lithium-ion-battery-based system. Actively utilizing Tesla’s technologies will likely enable Toyota to lower the cost of its future electric vehicles, a Toyota executive said.
Whether this piece of news is trustworthy ‘may’ be unlikely.
About the author:
Jay WM Wong Editor
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