Toyota Motor Corp. and Tesla Motors will reportedly develop pure electric prototype versions of the RAV4 and Lexus RX as part of a new partnership between the two companies.
Bloomberg Businessweek reported earlier today that Tesla will deliver the two prototypes by the end of this month.
“Toyota and Tesla engineering teams have made a lot of progress in a short amount of time,” noted JB Straubel, chief technology officer for Tesla.
Tesla and Toyota announced their partnership in late May. During June, Tesla became a publicly-traded company and its stock shot up 40% on the first day of trading, but has since returned to its starting point of $17.40 a share in the two weeks since the initial public offering.
“Tesla’s IPO has been frequently compared with that of lithium-ion battery maker A123 Systems, which debuted on the NASDAQ after much anticipation last September, but has fallen about 56% since,” noted the street.com.
For industrial control applications, or even a simple assembly line, that machine can go almost 24/7 without a break. But what happens when the task is a little more complex? That’s where the “smart” machine would come in. The smart machine is one that has some simple (or complex in some cases) processing capability to be able to adapt to changing conditions. Such machines are suited for a host of applications, including automotive, aerospace, defense, medical, computers and electronics, telecommunications, consumer goods, and so on. This discussion will examine what’s possible with smart machines, and what tradeoffs need to be made to implement such a solution.