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Technology

Toyota Just Struck A Key Deal To Make Solid-State Batteries

Toyota NIO BMW
  • Toyota has priority to receive the all-important cathode material for solid-state batteries from a supplier starting in 2028.
  • It already has a deal with another company for the solid electrolyte, the other key component for a solid-state battery.
  • Toyota says its first solid-state-powered EVs could hit the market as early as 2027.
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