Toyota has released details of four next-generation batteries. It comes after it recently announced a new battery electric vehicle factory that is set to begin production of new models in 2026.
Speaking at the ‘Let’s Change the Future of Cars’ workshop, Takero Kato outlined that Toyota’s next-gen models would account for a planned 1.7 million of the 3.5 million BEVs expected to be sold globally by the company by 2030.
Mr Kato said: “We will need various options for batteries, just as we have different types of engines. It is important to offer battery solutions compatible with a variety of models and customer needs.”
The four next-gen batteries include the Performance (lithium-ion), Popularisation (lithium iron phosphate), High Performance (lithium-ion) and solid-state batteries.
The automaker has said it has made a “breakthrough” with its solid-state batteries. Previously the battery had an expected shorter life, but recent advances have overcome this challenge, the firm says.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIt has moved its focus to bringing solid-state batteries into mass production. They are expected to be ready for commercial use by 2027/28, and will be introduced in hybrid electric vehicles (HEVs).
Toyota’s first solid-state battery is expected to offer:
- 20% increase in driving range compared to the Performance lithium-ion battery (approximately 1,000km/621 miles)
- Fast charging time of 10 minutes or less for SOC 10 – 80%.