Categories: auto

Toyota disappointed in Tesla

The Japanese Corporation sold all of its shares of an American company.

Japanese auto giant Toyota has sold all of its shares in Tesla Motors and ceased to cooperate with the US company.

According to representatives of Toyota, no point in further cooperation with Tesla having its own programme for the development of electric cars, no.

The company worked to develop electric SUV of Tesla, but mass production car is not ready yet.

As it became known, Toyota has decided to stop cooperating with Tesla, because it neither sees him absolutely no point owning a private program for creation of electric vehicles.

If the data is that by 2020, Toyota plans to start mass production of electric vehicles, capable of a single charge to cover distances up to 300 km it is Assumed that such electric vehicles will be established on the basis of the Prius or Corolla.

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