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Toyota-Tesla plan to build electric RAV4 shows partnership is serious

Toyota-Tesla plan to build electric RAV4 shows partnership is serious
Electric SUV is the first project announced by the companies since Toyota purchased about 3% of Tesla for $50 million this year, a move that had raised eyebrows. A plan to sell an electric version of Toyota’s RAV4 sport utility vehicle two years from now demonstrates that the alliance between Tesla Motors Inc. and the Japanese automaker is more than just window dressing, analysts said.

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