Tesla Motors is a manufacturer of electric automobiles and on July 19th, 2006 Tesla introduced the first ever Battery Electric Vehicle (BEV) that did 0 to 60 in 3.7 seconds and could travel over for 300 miles before having to recharge. Back in May of this year, Toyota announced they would be investing $50 million to develop two Toyota cars with the latest Tesla technology by 2012.

“Toyota and Tesla engineering teams have made a lot of progress in a short amount of time and it is exciting to start seeing some initial results,” Tesla Chief Technology Officer JB Straubel said in a statement.

With Toyota and Tesla teaming up, new innovations are sure to emerge.  Tesla holds over 1,400 patents for their cars and will be bringing decades of industry experience and research to the Toyota brand. We are excited to see what comes from this partnership and it’s sure to include advancements in cars that change the way we drive and live.

While we’re waiting for these cars, why not check out Gresham Toyota’s great selection of hybrids. Head on over to Gresham Toyota’s Facebook Page and like us to keep up to date on the latest industry news.

You can also browse our Internet specials for other great offers on new and pre-owned vehicles 24/7 on greshamtoyota.com.