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Panasonic now convinced big battery cost reductions possible

Tesla's Gigafactory is going to be a huge deal. So huge, in fact, that Tesla's not going to announce where it will be located until later this year. You may remember that, just a month ago, Tesla CEO Elon Musk said that, "The No. 1 thing is we want to minimize the risk timing for the Gigafactory to get up and running." Well, apparently getting the timing right doesn't mean rushing to get things done before they're ready.

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The future of the Toyota RAV4 EV appears to be in doubt. Tesla supplies the EVs battery packs, and it says that production ends later this year.

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Here's a new worry for electric car owners: bricking your new, expensive ride.

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Here's a new worry for electric car owners: bricking your new, expensive ride.

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Driving Tesla Model S – Click above to watch the video

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Tesla Model S – Click above for high-res image gallery

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Tesla Model S – Click above for high-res image gallery

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Toyota RAV4 EV – Click above for high-res image gallery

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AutoblogGreen had the rare opportunity on Friday to chat with Toyota CEO and president Akio Toyoda. During the conversation, he revealed that a prototype vehicle with a Tesla electric drive unit was under construction. Tesla's Chief Technology Officer, J.B. Straubel, has confirmed this to CNN Money, saying that the Silicon Valley company is indeed preparing two mule vehicles for Toyota. Tesla battery packs, power electronics and motors are being installed into Toyota bodies.

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AutoblogGreen had the rare opportunity on Friday to chat with Toyota CEO and president Akio Toyoda where he revealed a prototype vehicle with a Tesla electric drive unit was under construction. Tesla CTO JB Straubel has now told CNN Money that the Silicon valley company is preparing two mule vehicles for Toyota. Tesla battery packs, power electronnics and motors are being installed into Toyota bodies.

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During a 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.

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Tesla Model S – Click above for high-res image gallery

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Tesla Model S - Click above for high-res image gallery

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Tesla Model S in motion - Click above for high-res image gallery

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