Exide Technologies to Supply Batteries for Next-Generation Toyota Tundra Truck
Share:
Alpharetta, Georgia - (March 19, 2007) - Exide Technologies, a global leader in stored electrical-energy solutions, announces a new supply agreement with Toyota Motor Engineering & Manufacturing North America. Exide has begun shipping lead-acid starting batteries for the next generation of Toyota Tundra trucks assembled at Toyota Motor Manufacturing, Texas, Inc. in San Antonio, the automotive manufacturer's $1.28 billion assembly facility which began operations in November 2006.
According to the terms of the supply contract, Exide will provide TMMTX group 24 and 27 starting batteries - with an annual capacity of 200,000 units - for the Texas-produced Tundra truck. The batteries are manufactured at Exide's Bristol, Tennessee facility and shipped from Exide's San Antonio branch location.
"To be selected by Toyota as the exclusive battery supplier to TMMTX to help power the next generation of one of the world's best-selling vehicles is testament to the marketplace's confidence in our product quality, customer service and unsurpassed commitment to helping our business partners succeed, " said E.J. O'Leary, President of the Transportation-Americas business division for Exide Technologies. "Equally important, the expansion of our supply agreement with Toyota demonstrates that this very important customer recognizes and highly values the strength of Exide's branch network."
Exide currently supplies Toyota with batteries for its North American-produced Camry and Avalon cars, Tundra trucks and Sequoia sport-utility vehicles. The new supply agreement continues a long-standing, successful relationship between Exide Technologies and Toyota Motor Engineering & Manufacturing North America that began in 1988.
About Exide Technologies
Exide Technologies, with operations in 89 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 42-volt 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.
Further information about Exide, including its financial results, are available at www.exide.com
Media Contacts
Jeannine Addams
Kristin Wohlleben
J. Addams & Partners, Inc.
404/231-1132 phone
jfaddams@jaddams.com
kwohlleben@jaddams.com
