TOKYO -- Toyota Motor has tapped Japanese oil refiner Idemitsu Kosan to develop mass-production technology for solid-state batteries for electric vehicles, which the automaker aims to market as early as 2027.
Automobiles
Toyota, Idemitsu join hands to produce solid-state EV batteries
Product is expected to improve driving ranges and lower costs of electric cars
Toyota CEO Koji Sato, left, and Idemitsu CEO Shunichi Kito talk about their companies' collaboration on EV batteries at a press conference in Tokyo on Oct. 12. (Photo by Yuki Nakao)
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