- Toyota now aims to have one million or more electric vehicles by 2026, down from 1.5 million
- The company plans to start producing next-generation batteries in Japan in 2026, including solid-state batteries.
- At 9 gigawatt-hours per year, advanced batteries may be reserved for niche models only
Toyota Electric Vehicles to Increase Electric Vehicle Production to at Least one million units by 2026and will continue to carry out plans to produce solid-state batteries in Japan.
The automaker has previously discussed a target of 1.5 million electric vehicles by 2026, but even the lower figure would represent a nearly tenfold increase from 2023 levels, Reuters note.
Toyota says both figures are just benchmarks for shareholders. While it will likely continue to emphasize hybrids, a million electric vehicles by 2026 is still a big push for the automaker.
Toyota also has plans. Started production of the most advanced solid-state battery cells in the same time frame as this EV ramp-up. The automaker said Friday that it has received approval from Japanese regulators for a plan to gradually roll out next-generation battery cells, including solid-state batteries, starting in 2026. All three advanced battery types could eventually reach production volumes of 9 gigawatt-hours per year.
Toyota advances battery production roadmap to 2026
Such volumes would be equivalent to niche models – eventually close to 100,000 long-range EVs – so these wouldn’t be high-volume EVs but luxury, top-end sports cars or the like.
Last September Toyota technology roadmap details in which it shows these advanced lithium-ion batteries, as well as two generations of solid-state batteries, as part of the next possible evolution. cut Fast charge time only 10 minutesToyota has partnered with other Japanese companies Panasonic and Idemitsu Kosan on some basic technologies towards solid-state manufacturing.
Toyota’s solid-state battery prototype
In the United States, Toyota has signed a long-term supply agreement with LG, with enough batteries coming from the supplier’s Michigan plant. for US-made electric vehiclesincluding a Kentucky-made SUV. This new manufacturing update confirms that the most advanced cells—including solid-state cells—will be made in Japanin spite of.
While these documents continue to show that Toyota plans to giant EV ram Compared to the current low, last year it made a projection that it would more hydrogen cars compared to electric vehicles using solid-state batteries by 2030.
