Toyota Motor Corp has started using the same type of battery that Panasonic Corp...
TOKYO - Toyota Motor Corp has started using the same type of battery that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, sources familiar with the matter said.
Toyota is using Panasonic’s cylindrical batteries in its new Corolla and Levin plug-in hybrid sedans launched in China this year, one of the people said. The move reflects Toyota’s efforts to secure stable supplies of high-quality batteries amid the accelerated global shift to electricity-powered cars.
A Panasonic spokeswoman said the company is not in a position to comment as a supplier, while Toyota declined to comment.Toyota has favored square, or prismatic, batteries for its vehicles, and uses some manufactured by Panasonic for its hybrids. The two companies announced a joint venture in January to build electric-vehicle batteries, pooling the R&D and manufacturing strengths of one of the world’s largest automakers with one of the largest battery makers.
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