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Automobiles

Toyota designs electric car with batteries reusable in homes

Automaker looks to sell used power packs to Panasonic and utilities

Toyota envisions a broader market for used batteries from its new ultracompact electric car. (Photo by Kento Awashima) 

NAGOYA, Japan -- Toyota Motor is preparing to release a new ultracompact electric vehicle with a standardized battery that can be easily reused in homes.

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