Tesla Motors Inc., the maker of electric Roadster sports cars, said it reached an agreement with Toyota Motor Corp. to supply powertrain equipment worth about $100 million.
Toyota, which previously agreed to pay Tesla $60 million for development work on battery packs and motors for use in an all-electric RAV4 sport-utility vehicle, is paying the additional funds for packs and motors to be used in a version of the vehicle that goes into production next year, Tesla said in a regulatory filing today.Vcommindia NewsAutomobiles & Vehicles from All over World,Buy and Search New,Old Vehicles
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