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.
This headline is clickbait. They are Panasonic's design. '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'.
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