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Toyota to invest up to $5.6B in battery production in Japan and US

Green Car Congress

Toyota Motor Corporation will invest up to approximately US$5.6 billion in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing. The company aims to begin battery production between 2024 and 2026.

Japan 273
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Panasonic and Mazda entering discussions on medium- to long-term partnership for automotive cylindrical Li-ion batteries

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and Mazda Motor Corporation agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. Automotive cylindrical lithium-ion batteries manufactured by Panasonic Energy: 1865, 2170, 4680. Panasonic Energy Co.,

Mazda 365
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TEPCO and Toyota develop stationary storage battery system using EV batteries

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TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.

Toyota 416
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Toyota launches all-new Aqua (Prius C) hybrid in Japan; bipolar nickel-hydrogen battery

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Toyota Motor Corporation launched its all-new Aqua. The first-generation Aqua—sold as the Prius C in the US—came to life at the Iwate Plant of Toyota Motor East Japan, Inc. The first-generation Aqua—sold as the Prius C in the US—came to life at the Iwate Plant of Toyota Motor East Japan, Inc.

Prius 418
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ANA and Joby to establish eVTOL ridesharing service in Japan; Toyota joining for ground integration

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ANA Holdings and Joby Aviation are forming a partnership that will see Japan’s largest airline join with Joby to bring aerial ridesharing services to Japan. Toyota Motor Corporation (Toyota) also joined the partnership, with the intention of exploring opportunities such as ground-based transportation.

Japan 418
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Nissan to launch all-electric minivehicle in early FY2022 in Japan

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Nissan Motor plans to start sales of an all-new, all-electric minivehicle in Japan in early FY2022. The vehicle is part of a joint project with Mitsubishi Motors Corporation and is being planned and developed by NMKV Co.,

Japan 186
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Subaru’s first global all-electric vehicle SOLTERRA makes world debut

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In Tokyo, Subaru Corporation today unveiled its new battery electric vehicle (BEV) SOLTERRA; SOLTERRA will make its US debut at the LA Auto Show later this month. The vehicle was jointly developed by Toyota and Subaru; Toyota’s version is the bZ4X, which the company unveiled last month in Japan ( Earlier post.)

Global 432