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The headline does not match the content of the article: "At a news conference last week, Toyota president Koji Sato also admitted that production volumes of so
by Jyaif 3y ago
The headline does not match the content of the article:
"At a news conference last week, Toyota president Koji Sato also admitted that production volumes of solid-state batteries were likely to be small when the company rolls them out in electric vehicles as early as 2027."
and in fact Toyota may actually be late to the game:
"Other companies have also made progress recently. Chinese battery maker CATL revealed it was preparing to mass-produce its semi-solid batteries before the year’s end, while South Korea’s Samsung SDI has completed a fully automated pilot line for solid-state batteries."
- specialist 3y ago> Toyota may actually be late to the game For passenger BEVs, maybe. For many reasons, none of them related to batteries. For batteries? No way. Demand far exceeds supply. Every battery made for the next 10 years will be bought by some one. Battery technology is mapped out for 10-15 years. Every battery startup (cathodes, anodes, minerals, process, etc, etc) has a general plan to "skate to where the puck will be", and hopefully get there before competitors. Any one starting a gigafactory today knows what kind of batteries they'll be making (at scale) in 5 years and what their market share will be. The trick is being profitable. And Toyota has a pretty good chance. Mostly because they have access to (cheaper) capital. And maybe because they can lean on their long relationships with Panasonic and the like.