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Toyota RAV4 electric lands with $49,800 price tag, low ambitions

Toyota RAV4 EV
Toyota RAV4 EV

Toyota revealed today the somewhat anticipated all-electric version of its RAV4 sport utility vehicle, built in a partnership with EV startup Tesla. Thanks in part to a price tag of $49,800, before a $810 delivery fee. Toyota only expects to sell 2,300 RAV4 EVs over the next three years, mostly in states like California where it has to by law. Last month, Toyota sold that many gas-powered RAV4s in a week.