Toyota is set to revolutionise the electric car as we know it.
The Japanese manufacturer is said to be working on a new solid-state battery that significantly increases driving range and reduces charging times.
According to a report from the Chunichi Shimbun newspaper, Toyota is developing an electric vehicle powered by the new type of battery for a 2022 on-sale date.
As opposed to conventional lithium-ion batteries which require considerable charging times and limited range, the solid-state batteries would use solid electrolytes rather than liquid ones and would take only minutes to charge.
Furthermore, solid state batteries offer twice the energy density of current technology and are considered safer in an accident.
BMW and Volkswagen are also said to be working on solid-state battery technology.
The developments come after Toyota changed tack on its hybrid and hydrogen-led research last year to cast attention to pure EVs. The change in philosophy was cemented with the establishment of a new electric vehicle division headed by none other than global president, Akio Toyoda.
The emergence of solid state technology bears strong contrast to Toyota’s current hybrid portfolio in Australia, which employs ageing nickel-hydride battery technology.