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Electric cars in China

Toyota teams with China's CATL and BYD to power electric ambitions

Automaker diversifies battery source and moves up electrification goal by 5 years

Contemporary Amperex Technology has expanded with the help of Chinese government incentives for domestic automakers to buy batteries from local suppliers. (Photo courtesy of CATL)

NAGOYA -- Toyota Motor will partner with China's CATL, the world's largest automotive battery maker, the Japanese automaker announced on Friday, diversifying its supply of crucial components in a push to accelerate the electrification of its offerings.

Toyota said Friday that the partnership will also include BYD, China's leading producer of electric cars, as well as Japan's Toshiba and battery maker GS Yuasa. Nikkei first reported the partnership between Toyota and CATL on Friday morning.

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