ALPHARETTA, Ga.--Exide Technologies (NASDAQ: XIDE) (www.exide.com), a global leader in stored electrical-energy solutions, announces a new supply agreement with Toyota Motor Engineering and Manufacturing North America. The Company has begun shipping lead-acid starting batteries for the next generation of Toyota Corolla and Matrix passenger vehicles assembled at Toyota Motor Manufacturing Canada (TMMC) in Cambridge, Ontario.

According to the terms of the supply agreement, Exide will provide TMMC up to 244,000 group size 24 and 35 starting batteries annually for the Canada-produced passenger vehicles. The batteries are manufactured at Exide’s Bristol, Tennessee facility and shipped from Exide’s distribution center in Mississauga, Canada.

“Our new supply agreement with Toyota continues a productive, 20-year relationship between Exide Technologies and Toyota Motor Engineering and Manufacturing North America,” said Bruce Cole, President of the Transportation-Americas business division for Exide Technologies. “Exide’s strong, expanding alliance with this respected customer is a result of our drive to achieve continuous improvement in both operational processes and product quality.”

Exide currently supplies Toyota with batteries for its North American-produced Camry and Avalon cars, Tundra trucks and Sequoia sport-utility vehicles.

“One of the factors contributing to Exide’s increasing strength is building stronger relationships with existing customers such as Toyota,” said Gordon Ulsh, President and Chief Executive Officer of Exide Technologies. “This supplier relationship also is indicative of Exide’s ability to adapt to today's rapidly evolving worldwide vehicle manufacturer standards.”