2010 Tesla, Toyota and NUMMI Electric Auto Partnership
When the Toyota corporation announced it would close the NUMMI auto plant in Fremont, California, after its long-time partner in the facility, General Motors, pulled out of the partnership, Lockyer appointed a blue-ribbon commission that publicized the adverse economic consequences of plant closure and the unemployment of several thousand workers, and pleaded with Toyota to reconsider. The company refused.
But then Lockyer, working behind the scenes, helped arrange a new partnership at the NUMMI plant between Toyota and Tesla Motors, an electric car company, which he had assisted in the past through the Treasurer's "Green Wave" investment policies.
Read more about this topic: Bill Lockyer
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