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Toyota to Buy Batteries from China’s CATL and BYD as It Revs Up Electric Car Plans - Arc Media Global - Breathing Life to Industry
Chinese battery makers Contemporary Amperex Technology Co. Ltd. (CATL) and BYD Co. have agreed to partner with Toyota Motor Corp. as the Japanese automaker dramatically accelerates its plan to develop and sell green vehicles. Details of the deal have not yet been announced, but the Financial Times said CATL and...