Tesla officially signs 60m deal with Toyota for RAV4 supply

Tesla (tsla) has once again teamed up with another company by allowing the sale of their stock .This time Toyota has invested 60m to buy into the company shares. Panasonic has also participated in a separate 30m deal as well as Mercedes.

The goal of these companies is to further improve production of the EV by improving cost and safety. One of the safety issues to avoid is burst of flames in case one battery failure . It is very important to have a save and reliable control system in order to anticipate or remedy this situation. This is very must for the production of RAV4 and one of the companys priority, to have the customer drive in a save environment.

There will be savings in all types of repairs with this vehicle ,that is why it is so important to reduce the selling prices so the affordability will expand.

Consumers will enjoy just to plug it in the night and in the morning is ready to go , completly charged. Daytime is when consumption is at its peak. If they enjoyed the RAV4 in the past, their satisfaction with the RAV4 EV will double.

Repairs on these vehicles will be reduced due to no more oil changes , no leaks , no tune-ups. No more worries with clutches or gear shift. There is no engine to start , just get the hands on the wheel and start driving.

The auto exaust which causes our toxic situations will be elimited. The dependency of foreign oil will be reduced at least 30% . These and other advantages is what Tesla is working to accomplish.

Toyota has been evaluating the driving conditions as commute length access to charging. They have also been monitoring the performance of Lithiun-ion battery technology and have follow up on user feedback.

Tesla goals along with their investment companies is to eliminate the need of customers going to the service stations as well as oil changes and other repairs.