The money will be used to develop bipolar LFP packs, as well as all-solid-state batteries.
that will result in an all-new EV platform in 2026 and newly developed EV batteries reportedly capable of delivering up over 900 miles of range after 2028.similar to those used by Tesla, as well as improve the aerodynamic properties of its upcoming battery-powered models as much as possible.starting in 2025, as well as investing $2.1 billion in a battery factory in North Carolina.
Besides the increased investment in the development of new EVs, Toyota will also continue investing in hybrid electric vehicles and hydrogen-powered vehicles.
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