Toyota Motor has announced an alliance with Japanese petroleum giant Idemitsu Kosan that will see both companies develop and mass-produce solid-state batteries for electric vehicles (EV). According to Toyota, an EV powered by a solid-state battery could go up to 1,200 km with a charging time of just 10 minutes.
Back in 2023, Toyota, the world’s biggest carmaker by sales, announced that it will be launching the high-performance solid-state batteries to extend the range of EVs and reduce costs of developing future EVs.
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If the Idemitsu name sounds familiar, most recognise it as an extensive range of lubricants sold globally.
Toyota has been chided for its slow adoption of pure battery powered EVs but has now announced a “technological breakthrough” that addresses what it claims to be durability problems in solid-state batteries. Furthermore, the partnership will see them developing means to mass produce the batteries.
The duo are looking to commercialise the next-generation batteries by 2027-28 and will then move onto full-scale mass production.
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Compared to the current range of liquid electrolyte batteries, solid-state batteries are able to store more energy. Carmakers and industry analysts expect the mass production of such batteries to speed up the transition towards EVs.
However, the downside of solid-state batteries remains the high cost of producing them although mass production could see a small reduction in costs.
Idemitsu is Japan’s second-largest oil refiner and has recently been expanding into the EV battery supply chain. The move saw it increase its stake in Australian lithium developer Delta Lithium to 15 percent in early 2023.
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“Better late than never.” Some despise it, others begrudgingly agree with it but he swears by it… much to the chagrin of everyone around him. That unfortunately stems from all of his project cars not running most of the time, which in turn is testament to his questionable decision-making skills in life. A culmination of many wrongs fortunately making a right; much like his project cars on the rare occasions they run, he’s still trying to figure out if another project car is the way to go.
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