{"id":572796,"date":"2010-05-20T23:00:10","date_gmt":"2010-05-21T03:00:10","guid":{"rendered":"http:\/\/www.sevensidedcube.net\/?p=11758"},"modified":"2010-05-20T23:00:10","modified_gmt":"2010-05-21T03:00:10","slug":"toyota-and-tesla-announces-their-partnership-in-building-electric-cars","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/572796","title":{"rendered":"Toyota and Tesla Announces their Partnership in building Electric Cars"},"content":{"rendered":"<p><a href=\"http:\/\/www.sevensidedcube.net\/wp-content\/uploads\/toyota-iq-small-car-001.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-11757\" src=\"http:\/\/www.sevensidedcube.net\/wp-content\/uploads\/toyota-iq-small-car-001-300x187.jpg\" alt=\"\" width=\"300\" height=\"187\" \/><\/a><\/p>\n<p>The two companies of the auto world, <strong>Tesla Motors Inc. and Toyota Motors Corp<\/strong>, declared their partnership on <strong>Thursday<\/strong> at an auto plant in the <strong>San Francisco<\/strong><strong> <\/strong><strong>Bay<\/strong><strong> area.<\/strong> They will join as partners in developing and building electric cars. Toyota\u2019s CEO,<strong> Akio Toyoda<\/strong> announced that his company will invest $ 50 million in Tesla, while the CEO of Tesla<strong>, Elon Musk<\/strong> stated that his company will purchase <strong>Nummi, <\/strong>a New United Motor Manufacturing Inc<strong>.<\/strong> in Fremont. It is in <strong>Fremont<\/strong><strong> <\/strong>where the <strong>Model S electric sedan<\/strong> will be built.<\/p>\n<p><em>&#8220;We&#8217;re going to create electric cars together,&#8221; <\/em>Musk told a news conference at Tesla&#8217;s office in <strong>Palo Alto<\/strong>. &#8220;<em>It&#8217;s a great honor to work with a company like Toyota, one of the automobile leaders of the world and one I&#8217;ve personally long admired.&#8221;<\/em><\/p>\n<p><!-- AdSense Now! V1.90 --><br \/>\n<!-- Post[count: 2] --><\/p>\n<div class=\"adsense adsense-midtext\" style=\"float:left;margin: 12px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-0705872009880607\";\n\/* 336x280, created 2\/24\/10 *\/\ngoogle_ad_slot = \"4440161719\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\"\nsrc=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p>Tesla, which is currently making electric sports car costing about $ 109,000, stated that its goal is to make affordable electric cars which are good for the consumers out there. As <strong>Nissan <\/strong>released the electric car <strong>Leaf<\/strong>, many consumers knew how electric cars are environment friendly and it will not cost much because it does not need fuel anymore. Good for Toyota and Tesla, they had joined as partners in creating electric cars that are affordable.<\/p>\n<p>How ever, the news about that partnership shocked city officials from <strong>Downey<\/strong><strong>.<\/strong> Downey spent months courting Tesla to locate its factory there and officials said they were certain of settling a deal after meeting with Musk recently.<\/p>\n<p>Downey Councilman <strong>Mario Guerra<\/strong> said <em>&#8220;Tesla has been extremely disingenuous in their dealing with Downey, and I now have new appreciation as to why America is fed up with many large corporations<\/em>,\u201d She further stated<em>, \u201cThis last-minute betrayal is even more shocking because (Downey) was hours away from signing the lease with Tesla that would have been an economic boon for the city.&#8221;<\/em><em><\/em><\/p>\n<p>Related posts:<\/p>\n<ol>\n<li><a href='http:\/\/www.sevensidedcube.net\/technology\/2010\/toyota-recalls-lexus-vehicles\/' rel='bookmark' title='Permanent Link: Toyota Recalls Lexus Vehicles'>Toyota Recalls Lexus Vehicles<\/a><\/li>\n<li><a href='http:\/\/www.sevensidedcube.net\/technology\/2010\/toyotas-crippling-bill-and-plummeting-sales\/' rel='bookmark' title='Permanent Link: Toyota&#8217;s Crippling Bill and Plummeting Sales'>Toyota&#8217;s Crippling Bill and Plummeting Sales<\/a><\/li>\n<li><a href='http:\/\/www.sevensidedcube.net\/general\/2010\/gm-recalls-1-3-million-cars\/' rel='bookmark' title='Permanent Link: GM Recalls 1.3 Million Cars'>GM Recalls 1.3 Million Cars<\/a><\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/sevensidedcube\/OXLF\/~4\/8k0fnxRo2TA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The two companies of the auto world, Tesla Motors Inc. and Toyota Motors Corp, declared their partnership on Thursday at an auto plant in the San Francisco Bay area. They will join as partners in developing and building electric cars. Toyota\u2019s CEO, Akio Toyoda announced that his company will invest $ 50 million in Tesla, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-572796","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/572796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=572796"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/572796\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=572796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=572796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=572796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}