You are here

Toyota says aims to develop advanced electric-car battery in a few years

Thursday, November 24, 2016 - 13:38

40475080.1 (40475769) - 08_11_2016 - TOYOTA-RESULTS_.jpg
Toyota Motor Corp said it aims to develop a new, more advanced electric-car battery "in a few years" that will allow the Japanese automaker to come up with an electrified vehicle with driving range and battery life enhanced by up to 15 per cent.

[TOKYO] Toyota Motor Corp said it aims to develop a new, more advanced electric-car battery "in a few years" that will allow the Japanese automaker to come up with an electrified vehicle with driving range and battery life enhanced by up to 15 per cent.

Such performance-enhanced lithium-ion battery technology will likely enable all its electrified vehicles to be improved, Toyota said.

"Lithium-ion battery is a key technology for electrifying cars, and there is a clear need, going forward, for improving this technology and its performance even more," Hisao Yamashige, a battery technology researcher at Toyota, told a media briefing in Tokyo on Thursday.

Improving the performance of lithium-ion battery technology is a pressing issue for traditional automakers such as Toyota and new entrants such as Tesla Motors Inc because of its limiting characteristics.

sentifi.com

Market voices on:

Producers of all-electric battery cars, plug-in electric hybrids, as well as conventional gas-electric hybrids are all striving to source or develop more advanced battery technologies to give their electrified cars a better driving range, battery life, and safety.

Toyota, Japan's biggest automaker by volume, has pioneered gasoline-electric hybrids technology and is gearing up to launch a new, near-all-electric plug-in hybrid car called the Prius Prime.

It also has recently said it is aiming to come up with an all-electric battery car by 2020.

REUTERS

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom