The new all-electric Toyota RAV4 is said going to be manufactured by Tesla. This is a report following successful initial public offering of RAV4 electric in June 29th, and Toyota has been planning to invest about USD50 million into Tesla for its all electric version of RAV4.

Toyota-RAV4-all-electric-car-made-by-Tesla

Tesla Motors is also rumored to be assembling the electric powerplant for bulk assembling if everything goes as planned as been reported by CNN Money report.

The said fourth generation of RAV4, an all electric version will have a larger body compare to the original RAV4 and is should be considered a mini SUV.

Hence, the larger dimension for the new RAV4 is said to be beneficial with more space and better suspension for its heavy liquid cooled lithium ion battery packs.

Expect the initial batch to hit the market before end of this year and it should be widely available in the market by 2012.

A rumor also been reported about the possibility of Toyota and Tesla to joint hand to compete against the high quality Mercedes-Benz or Audi vehicles in short future.

[ Source: Crunch Gear ; Tesla Motors ; Toyota ]