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Toyota, Tesla Will Build Electric Cars Together in California

avatar By Anne Bailey

23 May 2010 36 views
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Toyota, Tesla Will Build Electric Cars Together in California
Toyota and Tesla Motors have announced a surprise joint venture, augmented by Tesla's purchase of a sprawling auto plant, recently closed near San Francisco. The remarkable turn of events creates the potential for Toyota to become more involved in the production of electric cars, and a boost for the recently embattledTesla, as well as a huge rebound for the factory that just last month produced its last Toyota Corolla before closing its doors.

Toyota and Tesla Motors have announced a surprise joint venture, augmented by Tesla's purchase of a sprawling auto plant, recently closed near San Francisco.

The remarkable turn of events creates the potential for Toyota to become more involved in the production of electric cars, and a boost for the recently embattled Tesla, as well as a huge rebound for the factory that just last month produced its last Toyota Corolla before closing its doors.

Elon Musk, chief executive of Tesla Motors, said the company has already begun hiring some former workers and will continue to hire more.

(READ more at SunPluggers.com)

 

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# Business

Stimulus Package has Green for Clean Energy

The government is pulling out all the stops to get the economy's heart beating again, including a large clean energy investment that's part of The American Recovery and Reinvestment Act of 2009--the stimulus package. It provides about $80 billion altogether for renewable energy, energy efficiency, mass transit, updating the electrical grid and research.

# Business

10 U.S. Industries Still Manufacturing at Home

For most of the last century, the United States dominated global manufacturing. Recently though, the nation has lost many factories to cheaper labor markets overseas. But there are still heroic US manufacturing plants scrappy enough to compete in the face of overseas competition. From compact disks to bowling balls, from sparklers to pianos, and even sneakers, here's a look at 10 companies worth celebrating.

# Business

Solar Power Reaches West Virginia Coalfields

A group devoted to creating alternative energy jobs in Central Appalachia is building a first for West Virginia's southern coalfields region this week - a rooftop solar array, assembled by unemployed and underemployed coal miners and contractors.

# Business

Tallest Man Gets Life-Changing Size 24 Custom Shoes from Reebok

On Thursday, America's tallest man received what could be a life-changing gift: several pairs of custom-made sneakers, molded specifically for his size-24 10E feet. The shoes, which took five months to make, reportedly cost $25,000, were designed, produced and delivered by Reebok, which covered the whole bill.

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