Summary

  • Solid-state batteries offer higher energy density, faster charging times, improved safety, reliability, longevity, and lower weight compared to traditional lithium-ion batteries.
  • Toyota is leading the way in solid-state battery development and has over 1,000 patents in the field. The company plans to introduce at least 15 fully electric models by 2025, with a switch to solid-state batteries in the future.
  • Toyota aims to be the new range king in the EV market and plans to develop new lithium-ion batteries by 2026 that provide up to 620 miles of range. The company also plans to roll out all-solid-state batteries providing around 745 miles of range and charging in 10 minutes by a later date.