Toyota CEO REVEALS An Insane Plan To Stop Tesla! In order to compete with Tesla, the widely recognized industry leader in electric vehicles, Toyota is aiming high and attempting to "change the future" of the automotive industry through powerful new technological advancements. The Japanese automaker revealed a comprehensive strategy on June 13 that includes a revamp of its operations as well as a thorough description of how the business intends to tackle EV batteries. The statement was made just one day before Toyota's annual shareholder meeting. In an effort to establish itself as a "world leader in battery EV energy consumption," Toyota detailed plans for its next-generation batteries, which it said will "achieve a vehicle cruising range of 1,000 km" (621 miles). On the other hand, the range of the Tesla Model Y is approximately 530 kilometers. These batteries of the future will be launched in 2026. In order to increase cruising range, Toyota says that in addition to reducing weight, it is striving to improve aerodynamics. With its new, next-generation batteries, the business is also "reducing costs by 20% compared to the current bZ4X and achieving a quick charge time of 20 minutes or less." The automaker also bragged about a "technological breakthrough" in its work on solid-state batteries, a pricier option that can store more energy and, thus, offer a longer range than its lithium-ion counterparts. Solid-state batteries are anticipated to become commercially accessible in 2027 or 2028, according to Toyota, and they will enable vehicles with a range of about 1,200 km and short charging times of less than 10 minutes. The business did not specify how much its new plans would cost. Following the news, Toyota's shares increased by more than 6%. And let’s get into detail. Despite the fact that there is a lot to talk about, let's start with the company's next-generation of electric vehicles, which will begin to appear in 2026. According to Toyota, they'll be much more sophisticated than current models and come with vastly upgraded batteries. Toyota intends to provide a range of various battery packs, enabling the company to provide both inexpensive EVs and ones with superior capacities. A bipolar lithium iron phosphate (LFP) battery, which the business claims to be "good" and "low cost," will be its mass-market product. The company stated that they are aiming for a "20% increase in cruising range, a 40% reduction in cost, and quick recharging in 30 minutes or less (SOC=10-80%) compared to the current bZ4X." Those would be welcome improvements as the bZ4X starts at $42,000 and has a range of up to 252 miles (406 km). A performance battery that will have a cruising range of 1,000 km (621 miles) is also being developed by the business. By doing so, range anxiety should be a thing of the past, according to Toyota, which also claimed that the long range would be made possible by "vehicle efficiencies, such as vehicle aerodynamics and weight reduction." As the battery is a significant factor, those are merely a portion of the puzzle. Toyota didn't provide a lot of information, however the battery will be "square" and have a higher energy density. The battery will be 20% less expensive than the one in the bZ4X, and it will be able to charge from 10% to 80% in 20 minutes or less, according to the company. Toyota is also developing a High Performance bipolar lithium-ion battery as if those options weren't enough. It is expected to debut in 2027 or 2028 and expand on the advantages of the Performance battery as a whole. Toyota specifically stated that we can anticipate a 10% cost reduction as well as an extra 10% improvement in range. In addition to 'conventional' batteries, Toyota plans to have solid-state batteries available for purchase in 2027 or 2028. -------------------------------------- Check this out: Toyota CEO Just Had Enough Of BEVs! 👉 • Toyota CEO Just Had Enough Of BEVs! Toyota CEO Just ANNOUNCED A New Electric Motor That Will SHOCK The EV World! 👉 • Toyota CEO Just ANNOUNCED A New Electric M... Toyota's C-HR 2023 Shocked Everyone With It's Features 👉 • Toyota's C-HR 2023 Shocked Everyone With I... Here's Why Toyota's RAV4 2023 Will Shock Everyone 👉 • Here's Why Toyota's RAV4 2023 Will Shock E... -------------------------------------- #toyota #toyotabattery #toyotarav4 #toyotatacoma #toyotausa ⚠️ Copyright Disclaimers • Section 107 of the U.S. Copyright Act states: "Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright." • We use images and content in accordance with the YouTube Fair Use copyright guidelines