Toyota and Panasonic will start producing solid lithium batteries for cars

Toyota Motors and Panasonic agreed to create a joint venture for the production of solid-state batteries for vehicles, the container of which will be 50 times more than that of existing drives.

Nikkei Asian Review reports that 51% of the joint venture belongs to Toyota, and the partner remains 49%. It is planned that Panasonic will transmit five of its batteries in Japan and China to a joint venture. The mass release of the next generation drives is scheduled for the beginning of the 2020s.

The global giants combine their efforts to develop effective solid-state lithium batteries whose industrial production has not yet been established because it requires huge investments and advanced technical experience. It is reported that their energy intensity will be 50 times more than the batteries that are now used in hybrid cars. Theoretically, they should also be easier and safer existing lithium-ion devices.

The cost of innovative products plan to reduce due to an increase in production volumes. Initially, the project should be the project to Toyota on Mazda Motor electric vehicles, its subsidiaries of Daihatsu Motor and Subaru, as well as Honda Motor, which collaborates with Panasonic.

Since 2017, Toyota has been working on the production of solid-state batteries, which is hoping to commercialize by 2022. Panasonic has tremendous experience in this area and collaborates with Tesla Gigafactory.

Although Toyota leaders believe that cars with hydrogen fuel cells are more promising than electric vehicles, but have taken such a decision to keep up with competitors. The manufacturer’s plans to triple the sale of electric vehicles by 2030 and achieve an indicator of the annual implementation of 5.5 million units of equipment.

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