Toyota Motor Corp. has announced plans to launch in 2027-28 electric vehicles with all-solid-state batteries, next-generation technology that is expected to increase EV range and shorten charging times.
With automakers such as Tesla Inc. leading the EV market, Toyota hopes the new batteries will help it improve its performance in the sector.
All-solid-state batteries contain solid electrolytes, in contrast to the liquid electrolytes in the lithium-ion batteries currently used in EVs and electrical devices.