Tesla, Toyota eye restarting SUV partnership: Report
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Electric-car maker Tesla Inc. and Toyota Motor Corporation are reportedly revisiting plans to manufacture an all-new electric-vehicle platform.
Under the partnership, which has been in review since last year, the car manufacturers would jointly develop a small electric SUV platform, an official from the Japanese automobile industry told the South Korean newspaper Chosun Ilbo.
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Tesla will reportedly utilize its electronic control platform and software while Toyota would reportedly offer the vehicle platform, according to an English translation of the report.
As a result, Tesla's sales in Japan are projected to increase, according to the report.
Representatives for Tesla did not immediately respond to FOX Business' request for comment. Toyota declined to comment on speculation.