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Toyota, Idemitsu join hands to mass-produce all-solid-state batteries streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
TOKYO (Reuters) -Toyota Motor and Idemitsu Kosan have formed an alliance to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday. The partnership follows an announcement in June by Toyota, the world's biggest automaker by sales, that it would introduce the high-performance batteries to improve the driving range and reduce costs of future EVs in a strategic pivot. Toyota, which has been slow in adopting pure-battery powered EVs, trumpeted at the time a "technological breakthrough" that addresses durability problems in solid-state batteries and said it is developing means to mass produce those batteries. ....
Idemitsu and Toyota said in a statement they would aim to commercialize the next-generation batteries in 2027-28, followed by full-scale mass production. ....