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Exide supplies batteries for Toyota Highlander

Posted on: Thu, 19 Nov 2009 09:30:00 EST

Symbols: XIDE

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Nov 19, 2009 (Datamonitor via COMTEX) --
XIDE | Quote | Chart | News | PowerRating -- Exide Technologies, a provider of stored electrical energy solutions, has signed a new supply agreement with Toyota Motor Engineering & Manufacturing North America. The company has now begun shipping lead-acid starting batteries for the Toyota Highlander midsize crossover sport utility vehicle.

Under the terms of the supply agreement, Exide is providing Toyota Motor Engineering & Manufacturing North America (TEMA) up to 105,000 units of group size 24 starting batteries annually for the US-produced passenger vehicles.

The batteries are manufactured at Exide's Bristol, Tennessee facility and will be shipped directly to the Toyota manufacturing facility in Indiana.

Exide also supplies Toyota with batteries for its North American-produced Avalon, Camry, Corolla, and Matrix cars, Venza crossover sedans, and Sequoia sport-utility vehicles and Tundra trucks. The new supply agreement continues relationship between Exide Technologies and Toyota that began in 1988.

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