TOKYO — Toyota Motor Corp. has began utilizing the identical sort of battery that Panasonic Corp. designed for Tesla Inc. in a few of its plug-in hybrids offered in China, sources acquainted with the matter stated.
Toyota is utilizing Panasonic’s cylindrical batteries within the redesigned Corolla and Levin plug-in hybrid sedans launched in China this yr, one of many individuals stated.
The batteries are the identical measurement as those who Panasonic makes for Tesla, however the composition is totally different, stated the sources, who declined to be recognized because the matter is non-public.
The transfer displays Toyota’s efforts to safe steady provides of high-quality batteries amid the accelerated international shift to electric-powered vehicles.
Japan’s largest automaker co-developed the batteries with Panasonic over a interval of a number of years because it expands its lineup of electrified autos, in keeping with one of many individuals, who has direct information of matter.
A Panasonic spokeswoman stated the corporate isn’t able to remark as a provider, whereas Toyota declined to remark.
The Nikkei newspaper reported the information earlier.
Toyota has favored sq., or prismatic, batteries for its autos, and makes use of some manufactured by Panasonic for its hybrids. The 2 corporations introduced a three way partnership in January to construct electric-vehicle EV batteries, pooling the r&d and manufacturing strengths of one of many world’s largest automakers with one of many largest battery makers.
Toyota has additionally partnered with China‘s Up to date Amperex Expertise Co. and EV maker BYD Co. for battery procurement.
Toyota is believed to have ordered about 50,000 of the cylindrical batteries, pushing Panasonic’s battery plant in Osaka to full capability, the Nikkei stated.
Panasonic has been the unique battery cell provider for Tesla, however the U.S. electrical automobile maker is in superior talks with South Korea’s LG Chem because it seeks to diversify sources of the important thing part.