If Toyota wants to mass-produce EVs with this new battery, the automakers will have to continue searching for ways to reduce manufacturing costs, making it affordable for its consumers. The main reason no one will be seeing these on the roads until the end of this decade is due to the high production costs. This new technology will more than double the current range of its EVs and decrease charging times by roughly 67 percent. Toyota's only current EV, the bZ4x, has around 318 miles on a single charge and takes about 30 minutes to charge. To put things in perspective, the best-selling EV currently, the Tesla Model Y, has a top range of 330 miles with its most expensive trim and charging times of 15 minutes when using the Tesla Supercharger. Additionally, Toyota's technology will be able to reduce charging times down to only 10 minutes.Įventually, the automaker will release a second-generation solid-state battery that will increase its EV's range even more, with a 932-mile range and charging times of less than 10 minutes. When the solid-state batteries are released in 2027 or 2028, Toyota says they will give their EVs an impressive 745 miles of range, surpassing the record-setting Lucid Air's 520-mile range. The Japanese automakers plan to install these batteries into their hybrid vehicles a couple of years before the first EV release. This is not surprising to many as Toyota leads the industry in solid-state battery research, having well over 1,000 patents. In a recent interview with Chief Technology Officer Hiroki Nakajima, he announced the Japanese automakers had overcome the hurdle, saying, "We found quality material." While there were no exact details on the type of material, the company announced its plan to release a solid-state battery as early as 2027.
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