NAGOYA (Kyodo) Toyota Motor Corp. is looking to procure lithium-ion batteries from Sanyo Electric Co. to widen the number of suppliers for its increasingly popular gas-electric hybrid vehicles, sources said Wednesday.
The quality of Sanyo’s batteries is “high,” a senior Toyota official said. Osaka-based Sanyo, which is scheduled to become a wholly owned subsidiary of Panasonic Corp., also supplies nickel metal hydride batteries for Honda Motor Co.’s Insight hybrid.
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