Toyota Introduces Production Version of RAV4 EV, Prices Start at $49,800

Toyota chose the second day of the 26th annual Electric Vehicle Symposium in Los Angeles to present the world premiere of the production RAV4 EV featuring a pure-electric driveline developed by Tesla Motors.

While based on the current RAV4, the Japanese automaker is commanding almost twice the price of the popular SUV's top trim-level (Limited: $25,530) for the electric model that will begin arriving in select showrooms this summer with an MSRP of $49,800 before any state and federal incentives.

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Toyota to Debut New RAV4 EV at Next Week's International Electric Vehicle Symposium

The production version of the pure electric Toyota RAV4 that we first saw in prototype guise at the 2010 Los Angeles Auto Show will make its world premiere at the 26th edition of the International Electric Vehicle Symposium (EVS26), which takes place on Monday, May 7 in the City of Angels, the Japanese automaker announced today.

The new RAV4 EV has been developed in cooperation with Tesla that provides the electric driveline including the battery, motor, transmission and power electronics. Tesla will build the e-powertrains at its production plant in Palo Alto, California and then ship them to Toyota's Canadian facility for final assembly into the RAV4.

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