Toyota recently announced that it will put the RAV4 EV on sale in California on September 24. The electric crossover will come with a starting price of $49,800.

The aforementioned price might scare you, but you have to know that the car, which has been created together with Tesla Motors, is eligible for a $7,500 federal tax credit and a $2,500 rebate via California’s Clean Vehicle Rebate Program. Thus, you end up paying $39,800 for the car. In addition to that, Toyota will also offer a $599 36-month lease option.

Toyota brags that the RAV4 EV only needs 6 hours for a full charge (using a 240V outlet), while the car’s EPA rating shows a range of 107 miles (172 km) per charge. The automotive producer says that it aims to sell 2,600 units of the car by the end of 2014.

By Andrei Tutu