Toyota has faced criticism from environmentalists and shareholders in recent months due to its slow progress in electrifying its vehicle lineup. However, the automaker is now striking back with an ambitious plan that sets its sights on electric vehicles (EVs) capable of traveling over 600 miles (965 kilometers) on a single charge by 2026, and an astounding 900 miles (1,448 km) in the near future.
The forthcoming stages of Toyota’s plan outline significant advancements in battery technology. In the 2026-2027 timeframe, the company intends to introduce a bipolar lithium iron phosphate battery, which promises to reduce costs by 40% compared to its previous iteration. Following this, an advanced bipolar lithium iron battery with an additional 10% increase in range is scheduled for production between 2027 and 2028.
These developments pave the way for Toyota to produce approximately 1.7 million EVs by 2030, all built on a newly developed, purpose-built architecture. These vehicles will benefit from the integration of solid-state batteries starting in 2027. Toyota predicts that solid-state batteries can offer a 20% increase in range compared to its next-generation lithium-ion packs. Furthermore, an advanced solid-state battery, expected to be available after 2028, has the potential to provide a remarkable 50% boost in range, enabling over 900 miles (1,448 km) of zero-emissions driving.
Toyota’s plans extend beyond battery innovations. The company aims to simplify and accelerate vehicle production by implementing giga casting technologies, inspired by Tesla’s Giga Presses. Additionally, Toyota has set a goal to develop ultra-aerodynamic designs with a drag coefficient below 0.20 within the next two to three years.
Conclusion
With these groundbreaking developments, Toyota is positioning itself to become a frontrunner in the EV market. By addressing concerns about range limitations and focusing on technological advancements, the automaker is poised to deliver vehicles that offer both extended range and exceptional performance. As the automotive industry moves towards a greener future, Toyota’s newly revealed EV plans signify a significant step forward in the race to electrification.
