Discover the Automaker that will Invest Millions in Batteries for Electric Cars?

Discover the Automaker that will Invest Millions in Batteries for Electric Cars?

In the future, 100% of cars will be electric and this automaker knows it. Who are we talking about? Find out all the details in this article. Read on!

In the future, 100% of cars will be electric and this automaker knows it. Who are we talking about? Find out all the details in this article. Read on!

One of the trends in the automotive field that takes more prominence is that of electric cars. This implies a major replacement of components for the industry, at a time when the world's leading automotive companies are changing their combustion models to electric.

One of the trends in the automotive field that takes more prominence is that of electric cars.

One of the many is Toyota, which reported that it will invest more than $13,500 million in the development of batteries, as well as a supply system of the component, in a spending plan for 10 years, in one more sample of its companies. intentions to invest in a key technology for the automotive sector over the next decade.

The Japanese multinational, known for launching gasoline-electric hybrids with the popular Prius, is accelerating processes to deliver its first line of fully electric vehicles next year.

Being one of the leaders in the development of batteries for electric cars, Toyota clarified that it seeks to reduce the cost of its batteries by up to 30% or more, by working with used materials and by the way in which the cells are structured.

CTO Masahiko Maeda, referring to an upcoming compact SUV model, remarked that his goal "is to improve energy consumption, which is an indicator of the amount of electricity used per kilometer, by 30%, starting with the Toyota bZ4X ".

The Japanese multinational, known for launching gasoline-electric hybrids with the popular Prius, is accelerating processes to deliver its first line of fully electric vehicles next year.

The company is also known for mass-producing solid-state batteries, more energy dense than traditional ones, faster charging and less prone to catching fire, and represents an impending revolution for automakers. If developed successfully, they could replace liquid lithium-ion batteries.

While the firm still has the short lifespan of these cells, Maeda clarified that there was no change in Toyota's goal to start manufacturing solid-state batteries in the middle of the decade. "We are still looking for the best materials," he acknowledged.

Efforts to produce solid-state batteries globally ran into serious difficulties recently, given their high manufacturing costs and their tendency to crack when they expand and contract during use.

For its part, Volkswagen, the world's second-largest automaker, recently detailed that it may have to spend more to achieve its planned transformation toward autonomous driving and electric vehicles.

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