Toyota has finally announced that the Rav4 EV has received its EPA ratings. The 2012 Rav4 EV is rated as having a 103 miles of range on a fully charged battery, making it the only non-Tesla car to be rated over 100 miles! The MPG equivalent rating is set at 74 on the highway and 78 in the city.
The $49,800 all electric compact utility vehicle will be available for 36 month lease at $599 per month with $3,499 down. In the week of September 24th, 2012 the Rav4 EV is coming to select California dealers in major metro markets. The Rav4 EV is eligible for $7,500 federal tax credit as well as a $2,500 rebate through the California Clean Vehicle Rebate Program.
Toyota is only expecting the sales volume of the 2012 Rav4 EV to reach around 2600 through 2014, but Toyota may always decide to build more if the interest is there.