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Japan: Panasonic to provide Toyota with lithium batteries

TOKYO–Panasonic Corp. said Monday it will provide Toyota Motor Corp. with lithium-ion batteries for the Japanese auto maker’s new eQ electric vehicle.

Panasonic has a track record in the area of batteries for use in eco-friendly vehicles, whose demand is growing amid environmental concerns and higher oil prices.

Panasonic has already supplied lithium-ion batteries for Toyota’s Prius Plug-in and Prius Alpha hybrids.
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