Japanese automaker Toyota and energy company Idemitsu to cooperate on EV battery technology

Toyota, with its production finesse, and Idemitsu, which owns technologies in materials, said they are aiming for successful commercialisation of all-solid-state batteries in 2027 or 2028, followed by full-scale mass production. “With repeated efforts involving trial and error, we have succeeded in developing a material that is more stable and less prone to crack,” Toyota Chief Executive Koji Sato told reporters in Tokyo, after shaking hands with his counterpart at Idemitsu.

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