Tesla has specialized in electric vehicles and clean energy for years now; another fruitful
and thriving business of the young, dedicated, and energetic man that has made his name worldwide,
and in some ways even outer space. While we can attribute a lot of other famous accomplishments
to his name, Elon Musk, the CEO of the Tesla company, just doesn’t know when to quit.
Tesla and Toyota working hand in hand is nothing new to the world as the two had collaborated
in the past to create the Electric version of Toyota’s Rav4. However, reports are the
two are starting another massive partnership that could heavily impact the global automotive
industry... Unlike regular cars that burn fossil fuels,
Electric vehicles in their design use electric motors and rechargeable batteries to propel
them. They have zero exhaust fumes and reduced emissions in general, which means they won’t
have such a negative impact on the environment. In fact, the RAV4 EV was sold in California
as part of a mandate for zero-emission vehicles in the state. Despite all the benefits of
Electric Vehicles, they can be pretty expensive for most people and are also not available
at all locations, while hybrid cars are a compromise. This is why Elon Musk wants to
build an EV model that would cost as low as USD 25,000, which is pretty insane.
Toyota originally produced the RAV4, which is a compact crossover SUV designed to combine
the benefits of a regular SUV with those of a compact car. But the RAV4 has an all-electric
version, the RAV4 EV. Toyota partnered with Tesla to develop the second generation of
the RAV4 EV, which came with an Electric motor and a battery supplied by Tesla. Tesla also
supplied the power train components used in the production of this work of art.
With this history between Toyota and Tesla, a new collaboration between the two companies
would not come as any surprise. Chosun Ilbo, a Korean newspaper, reported in April that
Tesla and Toyota had had several discussions since 2020 that are in the final stages along
with a deal. Although there has been no confirmation of this news from Toyota and Tesla, neither
of the two companies have denied it. The report was written by Choi Won-Seok who is a highly
regarded reporter, and the Chosun Ilbo is also one of Korea’s top three daily newspapers.
The source of information was apparently an official from the Japanese automotive industry.
Hopefully, this means the report is true and not just a mere rumor. In 2014, Elon Musk
told a news conference in Tokyo, “If you look at maybe two or three years from now,
I would not be surprised if there is a significant deal with Toyota and Tesla”. I think this
is enough evidence of a partnership between the two companies since just enough time has
passed for them to indeed be in the final stages of such an agreement.
Tesla has plans to make an electric vehicle costing only USD 25,000, something Elon Musk
said would be possible with a reduction in the cost of battery cells. While Toyota also
plans to increase its production of electric vehicles to 40% by 2025 and further increase
it to 70% by 2030. A new partnership between the two companies would help them both to
achieve their goals in the form of a low-cost, all-electric SUV. It would also bring other
benefits to users, such as access to Tesla’s network of superchargers for Toyota customers
and a Toyota dealership to maintain or repair their vehicles for Tesla customers.
If reports of the partnership deal prove to be true, Toyota could provide the vehicle
platform whiles tesla provides the electronics software tech for the new electric SUV. This
would work with the strengths of both companies and benefit them. Tesla’s sales in Japan
could increase from the current number of about 1000 units yearly. Tesla would also
be able to reduce the high cost of their vehicles and make them more affordable for the masses.
Being in partnership with Toyota even gives them a more global presence and potentially
increases their sales in other countries outside the US or even introduces them to new, larger
markets. Toyota would also have access to Tesla’s technology which would allow them
to reach their goal of increasing their production of electric cars.
The world is moving towards Electric vehicles as the main transportation form of choice,
with sales climbing up steadily despite the high prices of these vehicles. A collaboration
between Toyota and Tesla would bring Toyota’s engineering expertise and Tesla’s electronic
control systems together to create an SUV that would be the best of both worlds. Something
that can be mass-produced at a low cost to make it affordable and available for a larger
number of people, but with some of the best technology in this world and eco-friendly
to boot. A collaboration between Toyota and Tesla could well change the future of the
world’s transportation and in the best way. The SUVs produced through the collaboration
would use electricity as their main power source. This would be a huge step towards
halting the world’s current energy crisis. We would not have to worry about fossil fuels
getting depleted or the pollution that comes from mining and burning fossil fuels. Unlike
some clean energy options, the electric motors and batteries that would power these SUVs
are not toxic to the environment and can be disposed of safely.
The cost of the vehicle would be greatly reduced as well, which could well introduce electric
cars as an affordable option to other parts of the world still using regular cars. There
could be a complete overhaul of car service stations, with electric charging points replacing
gas and petrol nozzles worldwide. Another benefit of electric Vehicles is the
speeds they can attain. These cars on average can go faster than your regular car running
on fossil fuels and help you save up on the cost of fuel over time. We would have access
to high-speed cars with reduced energy requirements that would also be easy to maintain.
The partnership between Toyota and Tesla could end up encouraging other car manufacturers
to go into Electric Vehicles as well. This could create some healthy competition between
brands and further reduce the cost of Electric Vehicles. Soon enough, electric vehicles could
become the new normal. More automotive manufacturers moving into that field would mean more research
focused there. More unique and better ways of powering Electric cars might be discovered
that way. If a partnership deal between Toyota and Tesla
is genuinely in the works, then we will just have to wait for confirmation of the news
soon enough. The specifications and design of the SUV they would potentially build also
remain a mystery to be unearthed at another time. What we can be sure of, though, is that
a partnership between the two companies would not only benefit each of them from a business
perspective but give customers access to a unique vehicle with cutting-edge technology
at an affordable price. The partnership could usher in a new era of Electric Vehicles across
the globe. What do you think might be the next? Rolls Royce and Tesla? Benz and Tesla?
Lol! What else are you expecting? Let us know in the comments section.
There are not many specific facts about the project confirmed, but we do know that something
massive is on the way, and if it’s from the man who calls himself an alien, our fingers
are definitely crossed that it’s huge. Make sure to give us a like if you enjoyed the
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in our next video!