Japanese electronics giant Panasonic Corp. said Friday it would supply Ford Motor Co. with batteries for their hybrid vehicles.
The company said Ford would use Panasonic lithium-ion battery cells for the Ford Fusion hybrid electric, C-Max Hybrid Electric as well as Ford Fusion Energi and C-Max Energi plug-in hybrids, which will be used in conjunction with a gasoline engine.
Panasonic, which is based in Osaka, Japan, said in a statement it expected the demand for eco-friendly vehicles "to grow rapidly."
The two firms, Ford and Panasonic, have a history by proxy. SANYO Electric Co., which was bought by Panasonic in 2011, has been supplying Ford with Ni-MH battery systems since 2004, the company said.
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