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Companies / United States

Toyota Looks To Solve Plant And Image Questions With Tesla Tie-Up

May 2010 | Company News Alert

Toyota Motor has turned to one of the hottest properties in alternative fuel vehicles in a shock partnership which should in BMI's opinion cover a number of issues for the world's largest carmaker. Toyota has agreed to invest US$50mn in Tesla Motors when the California-based electric car producer goes public, giving the Japanese firm access to electric technology and a chance of improving its brand

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