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Business trends

Japan juices efforts for new electric-vehicle battery

Companies team with government to develop solid-state battery technology

Intervals between charges for electric vehicles will be longer as lithium-ion batteries are replaced with solid-state batteries.   © Reuters

TOKYO -- Leading Japanese manufacturers have teamed up with the government in a program to develop solid-state batteries, which are expected to power the electric vehicles of the future.

Kicking off in May, the program teams the Consortium for Lithium Ion Battery Technology and Evaluation Center, or Libtec, with companies like Toyota Motor and Panasonic to develop the highly efficient battery.

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