Toyota on Tuesday outlined a battery-development push aimed at slashing costs and increasing battery lifespan. The automaker plans to spend $13.5 billion on battery development through 2030, with the goal of reducing battery cost per vehicle by 50% over the Toyota bZ4X, the electric crossover the automaker plans to launch next year, CTO Masahiko... Toyota to slash EV costs by half, target just 10 percent range degradation in 10 years
Toyota on Tuesday outlined a battery-development push aimed at slashing costs and increasing battery lifespan. The automaker plans to spend $13.5 billion on battery development through 2030, with the goal of reducing battery cost per vehicle by 50% over the Toyota bZ4X, the electric crossover the automaker plans to launch next year, CTO Masahiko...