Archive for July 10, 2010
Toyota, Tesla Ink MoU To Deliver 2 Prototype Electric Cars By Month-End: Reports
According to media reports Friday, Japanese Automaker Toyota Motor Corp. (TM) and U.S. electric carmaker Tesla Motors, Inc. (TSLA) agreed to work together to develop electric vehicles. The Memorandum of Understanding entails Tesla to deliver two rechargeable prototypes cars to Toyota by the end of this month.