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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