Tesla Motors says the electric RAV4 sport utility vehicle will get 300 miles to a charge and will bring in $60 million to the EV manufacturer.
The electric RAV4 — a Toyota vehicle that will use batteries, gearbox, motor and electronic control system from Tesla – is being built in a former Toyota plant in Fremont, CA. Tesla says it has already received 3,000 reservations of $5,000 apiece for the car, according to The Wall Street Journal.
If Tesla’s prediction of 300 miles of electric range is accurate, it would mean the RAV4 would get more than four times the range of Nissan’s electric Leaf.
Toyota has an ownership stake in Tesla since it invested $50 million in the company earlier this year. The EV manufacturer also received $465 million in low-cost loans from the U.S. Department of Energy in 2010.
Tesla Motors plans to roll out a “compelling, affordable electric car” that will sell for about half the price of its high-profile Model S by the end of 2016, company chairman Elon Musk said last week.
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 radio show will show what’s possible with smart machines, and what tradeoffs need to be made to implement such a solution.