Posts Tagged ‘NUMMI’

  • Tesla to Make Electric Cars with Toyota in California
    Toyota and Tesla Motors are partnering to make future electric cars at a the New United Motor Manufacturing Inc (NUMMI) plant in California. Part of the deal will involve Toyota purchasing $50 million of Tesla’s common stock, the companies said in a joint statement. Tesla will acquire the recently shuttered auto-assembly plant for production of its Model S sedan, the...
    by admin at May 21st, 2010 at 05:05 am
  • Aurica Wants to Build Electric Cars at NUMMI
    Aurica Motors, a startup electric car company, announced plans to keep open a California joint venture between Toyota and General Motors by building zero-emission electric cars there. Aurica Motors estimated it will need more than $1 billion in private and government financing to launch the factory and to retain the 4,700 NUMMI employees. The company has built a prototype...
    by admin at March 11th, 2010 at 01:03 am
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