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.
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)
Read Next
Latest on Electric cars in China
