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Toyota Wants to Deploy Long-Range, Fast-Charging EVs by 2022

Toyota Wants to Deploy Long-Range, Fast-Charging EVs by 2022”

One of the big fears of going electric is their limited range. A new report in Japan's Chunichi Shimbun claims Toyota is working on a new type of battery that will allow for significantly increased driving range and reduced charging time.

Samsung Galaxy Note 8 shines in new renders
Besides, the phone will have a 6.3-inch SAMOLED Infinity display and run the Qualcomm Snapdragon 835/Exynos 8895 processor. Are you excited for the Samsung Galaxy Note 8? The company has teased the launch date on Twitter in a not-so-cryptic-way.

Toyota has only recently expressed interest in pure electrics, as opposed to plug-in hybrids, but a new report says the auto giant is planning to leapfrog early electric vehicle leaders by debuting an EV with all-solid-state batteries by 2022. The move to solid state would help make room for more gains in terms of charge capacity achieved in the footprint available in consumer vehicles, while helping to push further existing efficiencies achieved through things like the use of ultra-light materials in auto frames and interiors. These "solid-state" batteries are also rumored to charge in a few minutes, as opposed to the 30 minutes most of today's EVs take to top off.

Europe close: Stocks dip as ECB's Draghi dashes hopes for policy change
Attention now switches to European Central Bank president Mario Draghi's news conference, at which he will explain the decision. Earlier, the pound had been buoyed by better than expected official figures on retail sales for June, before the gains faded.

Toyota isn't alone in racing toward solid-state batteries: Hyundai has shown interest in developing and commercializing this technology too. Solid-state batteries could soon show up in several new EVs, since the batteries have greater energy density and faster charging times.

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Toyota has made a decision to sell the new model in Japan as early as 2022, the paper said. FT- EV III concept electric vehicle on display during the China (Guangzhou) International Automobile Exhibition in Guangzhou, China, on Saturday, November 21, 2015. BMW also has plans to use the new batteries but said production won't be ready until 2026 with long-term durability testing standing in the way.



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