May 20, 2010

Tesla Motors to produce electric cars for Toyota in California

Electric-car maker Tesla Motors will help build a new electric vehicle for Toyota in California, according to Gov. Arnold Schwarzenegger.

The governor is slated to appear this afternoon at Tesla headquarters to help announce the deal. He let slip some of the details during an environmental event this morning at Google headquarters in Mountain View.

"Today is a very exciting day for me because ... I am also going over to the Bay Area to talk about Tesla and Toyota forming a partnership, where they take one of the Toyota cars and make them electric," Schwarzenegger said.

"And again, they're going to do that here in California," he added. "Because in California, we have the laws in place, the laws are consistent and this is why one company after the other is coming into our state and producing those electric cars, and doing innovative stuff with solar, innovative stuff with windmills."

http://www.sacbee.com/static/weblogs/ca ... rs-to.html