Toyota Motor Corp said it has achieved a technological breakthrough enabling a potential halving of the weight, size and cost of batteries, signaling a significant advancement for electric vehicles.
The Japanese carmaker said has streamlined production of the material used in batteries and considers the discovery a significant leap forward that has the potential to reduce charging durations and enhance driving range significantly, the Financial Times reported.
“For both our liquid and solid-state batteries, we are aiming to drastically change the situation where current batteries are too big, heavy and expensive,” the Financial Times quoted Keiji Kaita, president of Toyota’s research and development center for carbon neutrality, as saying.”In terms of potential, we will aim to halve all of these factors.“
Kaita added the company discovered ways to address the durability problems from about three years ago and now has enough confidence to mass-produce solid-state batteries in EVs by 2027 or 2028.
According to the report, Toyota said it has made a “technological breakthrough” in addressing durability concerns and finding a solution for materials, enabling an electric vehicle powered by a solid-state battery to achieve a range of 1,200km and a charging time of 10 minutes or less.
“All of our members are highly motivated and are working with the intention to launch” the technology by the promised timeline”, Kaita said.