Toyota is Using Tesla-style Panasonic Batteries for its China Hybrid Models
【Summary】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.
TOKYO (Reuters) - 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 batteries are the same size as those that Panasonic makes for Tesla, but the composition is different, said the sources, who declined to be identified as the matter is private.
The move reflects Toyota's efforts to secure stable supplies of high-quality batteries amid the accelerated global shift to electricity-powered cars.
Japan's biggest automaker co-developed the batteries with Panasonic over a period of several years as it expands its lineup of electrified vehicles, according to one of the people, who has direct knowledge of matter.
A Panasonic spokeswoman said the company is not in a position to comment as a supplier, while Toyota declined to comment.
The Nikkei newspaper reported the news earlier.
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 (EV) batteries, pooling the R&D and manufacturing strengths of one of the world's largest automakers with one of the largest battery makers.
Toyota has also partnered with China's Contemporary Amperex Technology Co Ltd (CATL) and EV maker BYD Co Ltd 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 capacity, the Nikkei said.
Panasonic has been the exclusive battery cell supplier for Tesla, but the U.S. electric vehicle maker is in advanced talks with South Korea's LG Chem Ltd as it seeks to diversify sources of the key component.
resource from: Reuters
Automakers Ford & General Motors are Allowing Rival Tesla to Lead U.S. EV Production Until at Least 2026, Data Indicates
Toyota is Developing a Hydrogen-Powered Fuel Cell Truck With its Hino Motors Unit
Electric Automaker Tesla is Forced to Reduce its Workforce By 75% at its Fremont, California Factory
Waymo, Others Stop Testing Self-Driving Cars on California Roads Due to the Coronavirus
Tesla Begins U.S. Deliveries of the Highly Anticipated Model Y
U.S. Automakers General Motors & Ford Instruct Employees to Work From Home Beginning Next Week Due to the Coronavirus
Volkswagen is Exploring Ways to Use its EV Batteries to Power the Grid
The Coronavirus is Disrupting Auto Manufacturing in Mexico and Europe as Parts Shipments From China Slow
- Ford Motor Company Announces a Fully-Electric Transit Van, it Will Debut as a 2022 Model
- India’s Tata Motors is Using Crowdsourcing, Allowing the Public to Vote On Future Mobility Solutions
- NVIDIA Announces DRIVE AXG Orin, One of the Most Advanced Platforms for Autonomous Vehicles
- Relectrify Using Old EV Batteries to Power the Grid
- Waymo Raises $2.25 billion in its First-Ever External Investment Round
- Waymo’s Autonomous Fleet Surpasses the 20 Million Mile Mark
- Luxury Electric Automaker Lucid Motors Opens Up Reservations for its Air Sedan
- Tesla’s Market Value More Than Doubles Since the Start of 2020, Topping $170 Billion
- Ferrari Patent Application Hints at Possible EV
- EV Charging Operator EVgo Announces the Opening of its 800th Fast Charging Location