“Toyota’s Visionary Approach to Advancing Battery Technology and Electric Vehicles”

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  • Toyota announced plans to introduce high-performance, solid-state batteries and other technologies to improve the driving range and cut costs of its future electric vehicles (EVs).
  • The company aims to launch next-generation lithium-ion batteries from 2026, offering longer ranges and quicker charging. It is also developing means to mass produce solid-state batteries.
  • Toyota’s aggressive strategy for EVs includes plans to release six new battery EV models globally by 2025 and build a battery plant in the United States with partner Panasonic.

Toyota has announced an ambitious strategy to develop and improve advanced battery technology and electric vehicle (EV) innovation. The company aims to have at least 70 electrified models by the end of 2025, including 15 battery-electric vehicles (BEVs).

Toyota is also planning to invest more than $13.5 billion in battery development over the next decade. This investment will accelerate the development of new and improved batteries with higher energy density and longer ranges, as well as the commercialization of solid-state batteries.

The company is also focused on developing new platforms for EV production that can be used across a wide range of models. It will also explore new business models to encourage the adoption of EVs and to promote greater energy efficiency.

“Toyota is committed to leading the transition to electrification,” said Toyota President Akio Toyoda. “We believe that electrification is the key to unlocking the full potential of sustainable mobility for our customers and for society as a whole.”

Toyota’s ambitious strategy will enable the company to remain competitive in the rapidly growing EV market. It will also contribute to the company’s broader efforts to reduce carbon emissions and to promote sustainable energy.

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