"Toyota has priority to receive the all-important cathode material for solid-state batteries from a supplier starting in 2028. It already has a deal with another company for the solid electrolyte, the other key component for a solid-state battery. Toyota says its first solid-state-powered EVs could hit the market as early as 2027. Solid-state batteries promise to eliminate or mitigate many of the downsides associated with today's crop of electric vehicle batteries. These batteries are lighter, safer and charge faster,"
"Toyota has been developing its own solid-state batteries for many years, and it plans to sell its first EVs equipped with the technology in 2027 or 2028. A new deal announced on Wednesday should help things along: The automaker and Sumimoto Metal Mining have struck a joint development agreement to mass-produce cathode materials for solid-state batteries. The metals company plans to start pumping out the cathode material at scale as early as the financial year starting in April 2028, a company spokesperson told Reuters."
Toyota has secured prioritized access to cathode material for solid-state batteries from a supplier beginning in the financial year starting April 2028, while already holding a separate deal for a solid electrolyte. Toyota plans to introduce its first vehicles using solid-state batteries as early as 2027, with broader sales possible into 2028. Solid-state cells offer lighter weight, greater safety, faster charging, and improved cycle durability but face high costs and manufacturing complexity that limit current scale. Sumimoto Metal Mining will mass-produce cathode material and prioritize Toyota before responding to broader market demand. Early deployment may target hybrids to manage costs and pack-size constraints.
Read at insideevs.com
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