• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Toyota’s EV strategy hinges on a partnership with a petrochemical company

Simon Osuji by Simon Osuji
October 14, 2023
in Creator Economy
0
Toyota’s EV strategy hinges on a partnership with a petrochemical company
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

It’s no secret that Toyota has struggled with the transition to EVs.

The company has spent the last decade trying to throw cold water on battery-powered vehicles. It has actively lobbied against them, invested untold sums into hydrogen fuel cell vehicles, and pushed incremental advances in fuel economy by finally, finally filling its fleet with hybrids, a 30-year-old technology.

How has that been going? Not great.

More recently, though, Toyota has vocally embraced battery electric vehicles, saying that it will launch 30 EVs by 2030. It’s going to spend $48 million to build a battery research lab in the U.S., and it’s investing nearly $6 billion to build a battery factory in North Carolina. Much of that progress has occurred this year after longtime president Akio Toyoda handed the reins over to Koji Sato, the former head of Lexus, the automaker’s luxury division.

Still, Toyota’s EV progress remains nascent. And a recent announcement about a manufacturing partner suggests that the company is still feeling its way forward.

Toyota’s first model, the awkwardly named bZ4x, got off to a wobbly start: Every vehicle was recalled because the wheels were prone to falling off. Putting that aside, reviews of the crossover have been, well, fine. Its range is mediocre at best and the charging speed is OK, but reviewers say the rest of the car is agreeable enough.

More telling is the fact that Toyota is already hawking its next generation of EVs. Many of these are quickly assembled concepts, while others are technology demonstrations that claim outlandish specifications, like a range of 750 miles and a charging time of only 10 minutes thanks to solid-state batteries.

The battery type gets its advantages from a solid electrolyte. Electrolytes in today’s lithium-ion batteries are liquids, and they tend to be pretty flammable. What’s more, they can be easily pierced by spiky growths, known as dendrites, on the anode (the negative terminal). Dendrites are more likely to form because of repeated or excessively rapid fast-charging, and if they bridge the gap between anode and cathode, the cell short-circuits and can cause a fire.

Because of those concerns and others, today’s lithium-ion batteries have relatively limited charging speeds.

Source link

Related posts

‘Clueless’ -inspired app Alta partners with brand Public School to start integrating styling tools into websites

‘Clueless’ -inspired app Alta partners with brand Public School to start integrating styling tools into websites

February 14, 2026
Designer Kate Barton teams up with IBM and Fiducia AI for a NYFW presentation

Designer Kate Barton teams up with IBM and Fiducia AI for a NYFW presentation

February 14, 2026
Previous Post

Hiring The Right Talent: Five Essential Tips For SMEs

Next Post

GE Appliances Blue Wave Circles the Globe

Next Post
GE Appliances Blue Wave Circles the Globe

GE Appliances Blue Wave Circles the Globe

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Ethiopia beats Kenya and South Africa to become Boeing’s Africa headquarters

Ethiopia beats Kenya and South Africa to become Boeing’s Africa headquarters

2 years ago
How to Put Your Driver’s License on Your Phone

How to Put Your Driver’s License on Your Phone

2 years ago
Nigeria secures $1.57 billion loan from World Bank to boost key sectors

Nigeria secures $1.57 billion loan from World Bank to boost key sectors

1 year ago
No Charges for Border Patrol Agents Who Killed Native Man

No Charges for Border Patrol Agents Who Killed Native Man

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.