cannot edit above, Japan News is relevant"With plans to produce...

cannot edit above, Japan News is relevant

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With plans to produce 3.5 million BEVs a year by 2030, the joint venture with Panasonic to produce its own lithium-ion batteries makes Toyota one of only three manufacturers that has control over its own battery production.

Toyota believes that by controlling it own destiny and quality when it comes to battery production, it will create a better product overall.

Apart from producing batteries explicitly built for Toyota vehicles,

“We’ve been able to take the learnings from our experience [in hybrids] and apply them to the bZ4X where, for example, our options for Australian customers will include a full-service lease… taking the fear of BEV risk away from the consumer,” he said.

While the bZ4X has a quoted range of more than 600km, Toyota is already working on an updated battery for 2026 that will see its BEVs of similar size capable of at least 1000km on a single charge.

The aim will also be to reduce the battery cost by 20 per cent compared to the bZ4X and have the ability for a rapid recharge in just 20 minutes.

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Toyota can only control its own Destiny IF it has secured supply chains for the massive amount of Graphite and other materials needed to do this! The Mitsui linkage was amazingly fortuitous for Hazer!