With a travel distance of around 300-400KM with one full charge, one of the issues seen plaguing electric vehicles is the difficulty of being used for cross-country travel purposes when their use is becoming more widespread.
Toyota has now announced that they are developing a brand new electric vehicle battery technology that uses solid state technology (solid state) that will come with the ability to store enough charge to travel as far as 1000KM with one full charge.
Even so, the development of this battery is expected to take some time in advance, especially because the use of this solid state battery is not cost-effective at the moment.
Toyota says that for this short and medium term, they will develop battery technology using lithium-ion that comes with higher charge storage and faster charging for vehicles that 2026, which will then be replaced by the use of lithium iron phosphate that is more cost-effective than with lithium ion.
Commercialization of solid-state batteries is expected to begin around 2027-2028, but is expected to come at a very high cost, so initial use will be limited to premium-class electric vehicles first.
One advantage of this solid-state battery, apart from the ability to hold more charge, is that it can be charged faster, with Toyota saying that with a 15-minute charge, a Toyota electric vehicle has a range of around 321KM.
Toyota's plan to develop electric vehicles that utilize electric batteries is nothing new. They just opened a BEV (Battery Electric Vehicle) factory this May, and are seen wanting to develop as many as 1.7 million BEV vehicles by 2030, which is expected to replace their current hybrid electric vehicle offerings.
With this factory, Toyota says that they will also reduce the cost of developing their new EV vehicles by using giga-casting techniques to stamp large parts of their vehicles.
While they still don't have their own full electric vehicle offering, Toyota is expected to introduce theirs soon.