Toyota will invest $14.3B in development of a battery supply system and research and development by 2030
Green Car Congress
SEPTEMBER 8, 2021
For lithium-ion batteries for PHEVs and BEVs, Toyota is working to improve both cost and endurance. For BEVs, Toyota would like to reduce costs and provide BEVs at a reasonable price. To do so, Toyota: Aims to reduce the costs of batteries themselves by 30% or more by developing materials and structures.
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