Toyota has several fingers in a few electric pies. There's the electric car it's working on in-house, in conjunction with Panasonic, using proprietary technology. Then there are two mash-up prototypes that Tesla is building for Toyota, which according to Bloomberg include an electric RAV4 and Lexus RX. According to the report, the crossovers were chosen because they're the best fit for the weight of Tesla's battery pack, which uses 6,831 lithium-ion batteries.
During an interview with a group of American media this afternoon in Nagoya, Japan, Toyota president Akio Toyoda revealed that his company is already in the process of building a prototype electric vehicle with a Tesla battery pack. The statement came in response to questions about the relationship between Toyota and Tesla. As time ran out, we did not have an opportunity for further follow-up or clarification.
Just a few days back, we glanced over Tesla's amended IPO statement and discovered some well-buried words that suggested that Tesla and Toyota may never work together on the development of an electric vehicles. The words from Tesla actually read, "We have not entered into any agreements with Toyota for any such arrangements, including any purchase orders, and we may never do so."