Toyota wants to keep r&d ties with Tesla, N.A. engineering chief says

Nagata: "Tesla has quite a clear business strategy for developing a better battery."

May 22, 2014 05:00 AM

DETROIT -- Toyota Motor Corp. hopes to continue working with Tesla Motors Inc. on battery technology even after a battery-supply agreement between the two companies ends this year, Toyota’s head of North American engineering and manufacturing said Thursday.

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