Toyota: Developing its own all-solid-state battery
-Lighter and faster charging than before-
-Runs 1200km on a 10 minute charge-
We will deliver a summary from the latest article of hisayoshi-katsumata-worldview.
Toyota’s stock price:
During the week of July 2-8,
Toyota’s stock continued to climb toward its all-time high.
Since the beginning of the year, the stock has risen nearly 30%.
British financial information company: Refinitiv
According to analytical data,
Analysts’ 17 “buy recommendations” provided a tailwind.
Toyota,
which was seen as a late starter in EV,
announced the world’s first “all-solid-state battery” with its own technology.
Financial Times (July 6th):
Toyota published an article titled “Should be re-evaluated.”
In 2022,
Toyota’s BEV sales will be just 1.8% of Tesla’s.
In the first quarter of 2023,
sales of the “Corolla” fell behind Tesla’s EV “Model Y.”
Toyota has been accused of half-heartedly entering the global EV race.
Toyota solid state (all solid state):
Toyota announced in June that it had achieved a breakthrough in this technology.
Realize a powerful battery that is lighter than before and can be charged quickly.
Toyota “all-solid-state battery”:
The ”durability problem of all-solid-state batteries”
Problem from the beginning has been solved.
The all-solid-state battery will be mass-produced
and installed in commercial vehicles by 2027 at the earliest.
Toyota was waiting for the EV market to grow.
Toyota competes with original technology:
In the monopoly market of other companies,
Toyota will compete with the original technology of “all-solid-state battery”.
This is Toyota’s calculated strategy.
Gasoline and hybrid vehicles:
Already,
enough profits have been earned from gasoline and hybrid vehicles.
Toyota will compete with the new EV with surplus power.
This means that it can run 1,200 kilometers on a 10-minute charge.
Disrespecting Toyota’s patents:
The world underestimated Toyota’s EV technology.
Japan is already leading the way in quantum computer technology.
It was nothing more than
”we let technological development precedence and postponed commercialization.”
Toyota has made a full-fledged appearance in EV.
In 2027,Toyota will cut into the EV market at once.
Securities firm CLSA: Mr. Christopher Richter
“This is just one of the new good things surrounding Toyota,”
he said.
The message contained in this technical announcement.
Toyota’s “all-solid battery”:
Toyota is now independently developing all-solid-state batteries.
Other EV makers rely on other companies to develop batteries.
In other words,
Toyota has the advantage of differentiating itself through in-house development.
Tesla Posture:
Tesla has focused on mass-producing a small number of EV models.
Tesla boasts that an EV is just a smartphone on wheels.
But 10 years from now, the EV market will likely decide the opposite.
Advantages and disadvantages of Toyota and Tesla:
Toyota had a technical tie-up with Tesla in the early days.
But why did Toyota end its partnership with Tesla?
Toyota knew “Tesla’s danger”.
Toyota says,
“We will not be overwhelmed by temporary competition.”
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