Toyota Motor Corp plans to make an all solid-state battery as part of its ambitious strategy for battery electric vehicles (EVs), the company said yesterday, amid mounting criticism Japan’s top automaker needs to do more to fight climate change.
Toyota aims for a commercial solid-state battery as soon as 2027.
Charging time, one of the main drawbacks of electric vehicles, is would be shortened to 10 minutes or less, the company said in a statement.
Photo: AP
It plans to deliver 1.5 million EVs in 2026 by expanding its battery EV lineup and developing technology.
“With the evolution of the vehicle’s operating system, the next-generation battery EV will also enable customization of the ‘driving feel,’ with a focus on acceleration, turning and stopping,” it said.
EV owners usually have charging stations in their homes and keep their cars plugged in overnight to recharge. That is one of the main reasons Toyota has long insisted that hybrids are a better solution. A hybrid recharges as the vehicle runs, but it also has a gasoline engine in addition to an electric motor.
Toyota president Koji Sato has said the company must play catchup after falling behind in the EV sector. The automaker is likely to face harsh criticism on its climate change commitments at a shareholders’ meeting in Toyota, Japan, today.
In its latest announcement, Toyota said it was also working on innovating lithium-ion batteries, the battery type in most EVs, and wants to offer new affordable options.
Toyota says it is committed to a “hydrogen society” and is continuing to work on models powered by hydrogen, including fuel cell vehicles.
Hydrogen is still expensive and usually made using fossil fuels, although it can be made using renewable energy.
Toyota said it is working with various partners to produce cleaner and cheaper hydrogen.
Toyota, which makes the Prius hybrid, Camry sedan and Lexus luxury models, is also working on second-generation biofuels. Biofuels, such as ethanol, are considered more renewable than fossil fuels though they have other drawbacks.
DOLLAR CHALLENGE: BRICS countries’ growing share of global GDP threatens the US dollar’s dominance, which some member states seek to displace for world trade US president-elect Donald Trump on Saturday threatened 100 percent tariffs against a bloc of nine nations if they act to undermine the US dollar. His threat was directed at countries in the so-called BRICS alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. While the US dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed
TECH COMPETITION: The US restricted sales of two dozen types of manufacturing equipment and three software tools, and blacklisted 140 more Chinese entities US President Joe Biden’s administration unveiled new restrictions on China’s access to vital components for chips and artificial intelligence (AI), escalating a campaign to contain Beijing’s technological ambitions. The US Department of Commerce slapped additional curbs on the sale of high-bandwidth memory (HBM) and chipmaking gear, including that produced by US firms at foreign facilities. It also blacklisted 140 more Chinese entities that it accused of acting on Beijing’s behalf, although it did not name them in an initial statement. Full details on the new sanctions and Entity List additions were to be published later yesterday, a US official said. The US “will
COLLABORATION: The operations center shows the close partnership between Taiwan and Japan in the field of semiconductors, Minister of Economic Affairs J.W. Kuo said Tokyo Electron Ltd, Asia’s biggest semiconductor equipment supplier, yesterday launched a NT$2 billion (US$61.5 million) operations center in Tainan as it aims to expand capacity and meet growing demand. Its new Taiwan Operations Center is expected to help customers release their products faster, boost production efficiency and shorten equipment repair time in a cost-effective way, the company said. The center is about a five-minute drive from the factories of its major customers such as Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) advanced 3-nanometer and 2-nanometer fabs. The operations center would have about 1,000 employees when it is fully utilized, the company
Intel Corp chief executive officer Pat Gelsinger has retired from the company and stepped down from its board of directors just as the company is in the middle of trying to execute a turnaround plan. Intel chief financial officer David Zinsner and Intel Products CEO Michelle Johnston Holthaus are serving as interim co-CEOs while the board searches for Gelsinger’s replacement, the company said in a statement. Frank Yeary, independent chair of the board of Intel, is to serve as interim executive chair, the company said. Gelsinger’s departure is hitting at a tumultuous time for the US chipmaker. Once the industry leader in