TOKYO - Toyota Motor Corp said on Tuesday it expects to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system - a bid to lead in the key automotive technology over the next decade.
Considered a leader in developing batteries for electric vehicles, The company is also the front runner to mass produce solid-state batteries - a potential game changer for automakers because they are more energy dense, charge faster and are less prone to catching fire. If developed successfully, they could replace liquid lithium-ion batteries.
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Toyota to spend US$13.5 billion to develop EV battery tech and supply by 2030TOKYO : Toyota Motor Corp said on Tuesday it expects to spend more than US$13.5 billion by 2030 to develop batteries and its battery supply system - a bid to lead in the key automotive technology over the next decade.The world's largest automaker by volume, which pioneered hybrid gasoline-electric vehicle Good job india.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Toyota to spend US$13.5 billion to develop EV battery tech and supply by 2030TOKYO : Toyota Motor Corp said on Tuesday it expects to spend more than US$13.5 billion by 2030 to develop batteries and its battery supply system - a bid to lead in the key automotive technology over the next decade.The world's largest automaker by volume, which pioneered hybrid gasoline-electric vehicle Good job india.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
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Source: ChannelNewsAsia - 🏆 6. / 66 Read more »