Toyota Wants to Deploy Long-Range, Fast-Charging EVs by 2022

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A report from the Chunichi Shimbun daily (via Reuters) suggested that Toyota is on track to launch a new electric auto platform in 2022 with solid-state batteries powering the vehicles and enabling longer ranges and faster charging. Toyota aims to roll out the new model in Japan by the year 2022.

The report comes from Japanese daily newspaper, Chunichi Shimbun, which claims Toyota's long-range EV will ride on an all-new platform and use all-solid-state batteries, which can be recharged in just a few minutes.

Volkswagen's electrification strategy is rolling ahead, with the automaker on course to develop and bring to market a variety of EVs in different segments starting in 2020.

A Toyota spokesperson told Reuters the company is aiming to commercialize the new batteries by the early 2020s.

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For many years, Toyota believed plug-in hybrids and hydrogen fuel-cell vehicles are the future, but last year the company chose to switch its focus on completely electric vehicles.

That's much quicker compared to current electric cars using lithium-ion batteries.

Which is bang on Toyota's target for EVs we reported on in 2011. How quickly the new EVs will catch on would also depend largely on battery costs. What makes the lithium-ion unit so special is the use of a solid electrolyte instead of a liquid one.

Other automakers such as BMW are also working on developing all-solid-state batteries, eyeing mass production in the next 10 years.

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