Solid-state batteries hold the potential to significantly increase the driving range of electric cars (EVs), which is a crucial component of Toyota's June strategic shift to catch up to Chinese competitors like BYD and Tesla in the EV race.
All-solid-state batteries are what Toyota and oil refiner Idemitsu Kosan said last year they will work together to develop and mass produce. They want to go on sale in 2027 and 2028, then go into full-scale mass manufacturing.
"In a few years, we will begin introducing our electric cars with solid state batteries," stated Toyota Kirloskar Motor's India director, Vikram Gulati. The result "will be a vehicle which will be charging in 10 minutes, giving a range of 1,200 kms (750 miles) and life expectancy will be very good" .
Speaking at the Vibrant Gujarat Global Summit, Gulati discussed how the Indian government is focusing on luring more capital to expand EV production capacity in the third-largest auto market in the world.
Japan's Suzuki Motor said at the beginning of the summit on Wednesday that Maruti Suzuki, a Toyota partner and its Indian subsidiary, will be exporting the group's first battery-electric vehicle (EV) to Europe and Japan, which will be Maruti's maiden export to the home nation of its parent business.
About 2% of cars sold in India last year were electric models, but the government wants that number to rise to 30% by 2030. The country's minister of road transport predicted at the summit that by then, 10 million EVs will be sold annually in India.
Regarding Toyota's intentions for solid-state batteries in India, Gulati stated that the automaker has a range of environmentally friendly technological choices that would vary according to the nation, market, and consumer preferences.
"Right now, for India, flex fuel and ethanol can be a no-brainer right away," he stated.
In response to demands from Japanese automakers, India's commerce department has supported reducing tariffs on hybrid cars to aid in the switch to cleaner energy sources, according to Reuters.
According to Gulati, the Indian government had to think about implementing a carbon-based vehicle tax system, which would make it more egalitarian and independent of technology.
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