{"id":627,"date":"2023-06-13T16:23:32","date_gmt":"2023-06-13T16:23:32","guid":{"rendered":"https:\/\/www.autobuyersmarket.com\/news\/?p=627"},"modified":"2025-05-05T10:25:10","modified_gmt":"2025-05-05T10:25:10","slug":"toyota-announces-next-gen-electric-vehicle-battery-with-over-600-mile-range","status":"publish","type":"post","link":"https:\/\/www.autobuyersmarket.com\/news\/2023\/06\/13\/toyota-announces-next-gen-electric-vehicle-battery-with-over-600-mile-range\/","title":{"rendered":"Toyota Announces Next-Gen Electric Vehicle Battery with Over 600-Mile Range"},"content":{"rendered":"\n
\"Toyota
A Toyota FT-EV III is connected to an electric charging station at the 2012 Beijing International Automotive Exhibition (Auto China 2012). File photo: Shutter Stock, licensed.<\/figcaption><\/figure>\n\n\n\n

LIBERTY, N.C. – Toyota announced on Tuesday that they are currently developing a line of electric vehicles (EVs) that will debut in 2026 with next-generation batteries with ranges exceeding 600 miles<\/a>, causing shares of the Japanese automaker to spike five\u00a0percent in response to the news.\u00a0<\/p>\n\n\n\n

These new batteries will be developed and manufactured in a new facility created in May called BEV Factory, the company said. <\/p>\n\n\n\n

According to a presentation on Tuesday conducted by Takero Kato, the man heading up BEV Factory, a driving range of 1,000 kilometers \u2013 the equivalent of 620 miles \u2013 is the targeted goal for Toyota\u2019s new next-gen EV batteries; BEV Factory Is anticipating building approximately 1.7 million of them by 2030. <\/p>\n\n\n\n

In contrast, the standard Tesla Model 3\u2019s driving range is in the neighborhood of 430 kilometers \u2013 about 267 miles \u2013 with the vehicle’s long-range model able to travel up to 570 kilometers, or about 354 miles. <\/p>\n\n\n\n

Toyota ‘s overall stated goal on Tuesday is to sell 1.5 million EVs every year by 2026, with that annual number anticipated to be as high as 3.5 million by 2030. <\/p>\n\n\n\n

Previously, Toyota had been more reluctant when compared to other auto manufacturers to dip their toes into the EV pool, citing studies that showed that the public might not be as eager to embrace the new technology as some had first thought. However, the automaker has since announced they had discovered a technological breakthrough in terms of battery durability, and as a result are now accelerating both their EV and Hybrid EV development.\u00a0<\/p>\n\n\n\n

During Tuesday\u2019s presentation, Kato said of BEV Factory that \u201cour aim is to change the future with EVs…the next-generation battery EVs will adopt new batteries, through which we are determined to become a world leader in battery EV energy consumption.\u201d\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

LIBERTY, N.C. – Toyota announced on Tuesday that they are currently developing a line of electric vehicles (EVs) that will debut in 2026 with next-generation batteries with ranges exceeding 600 miles, causing shares of the Japanese automaker to spike five\u00a0percent in response to the news.\u00a0 These new batteries will be developed and manufactured in a […]<\/p>\n","protected":false},"author":4,"featured_media":628,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-627","post","type-post","status-publish","format-standard","has-post-thumbnail","category-market-updates","entry"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\n\t\t\n