Toyota Motor has unveiled a range of technologies to improve the range, performance and cost of electric vehicles (EVs) that it plans to introduce in the second half of the decade.
Toyota has a number of initiatives to improve battery performance and reduce cost, and said it was ready to move from research toward production of solid-state batteries. Such batteries promise more energy density and shorter charging times than lithium-ion batteries now in use.
In addition, Toyota said it would produce a range of lower-cost lithium-iron phosphate batteries for use in 2026 or 2027. It said it was targeting a 20% increase in range and a 40% reduction in cost compared to the bZ4X.
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