Exide Technologies (www.exide.com), a global leader in stored electrical-energy solutions, announces another new supply agreement with Toyota Motor Engineering & Manufacturing North America (TEMA). The Company has begun shipping lead-acid starting batteries for the Toyota Highlander, a midsize crossover sport utility vehicle. Production of the Highlander, Toyota’s twelfth North American-built model, began in October at the company’s facility in Princeton, Indiana.
According to the terms of the supply agreement, Exide is providing TEMA up to 105,000 units of group size 24 starting batteries annually for the U.S.-produced passenger vehicles. The batteries are manufactured at Exide’s Bristol, Tennessee facility and shipped directly to the Toyota manufacturing facility in Indiana.
“Exide’s long-standing partnership with Toyota reflects our Company’s ability to provide a consistently higher degree of service and product quality,” said Bruce Cole, President of the Transportation Americas business division for Exide Technologies. “We believe this new supply agreement with Toyota proves that Exide is meeting today’s exacting worldwide vehicle manufacturer standards.”
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 a successful relationship between Exide Technologies and Toyota that began in 1988.
About Exide Technologies
Exide Technologies, with operations in more than 80 countries, is one of the world’s largest producers and recyclers of lead-acid batteries. The Company’s four global business groups — Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World — provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.
Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.
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