29 Sep '14, 5pm

Toyota Wraps Up Production of RAV4 EV

Toyota Wraps Up Production of RAV4 EV

The Toyota RAV4 EV , the only all-electric SUV available anywhere in the United States, this month reached the conclusion of its limited production run. According to InsideEVs.com , all 2,600 planned models of the vehicle have been produced and shipped, with only approximately 300 units remaining to be sold or leased. The story of the 2012 RAV4 EV represented the melding of two disparate corporate cultures—Toyota, as the conservative Japanese automotive giant, and Tesla, the disruptive California start-up. It commenced in May 2010, when Elon Musk, Tesla’s chief executive, and Akio Toyoda, CEO of Toyota, announced the project in California, with then-governor Arnold Schwarzenegger presiding. Toyota said it was seeking to gain inspiration from Tesla’s entrepreneurial spirit. The RAV4 EV was only sold in select markets in California. The heart and soul of the RAV4 EV is an el...

Full article: http://www.plugincars.com/toyota-wraps-production-rav4-ev...

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