Japan’s Ministry of Economy, Trade and Industry (METI) has issued the necessary certificates for the research, development and production of Toyota’s next-generation Performance batteries.
Toyota Motor Corporation (Toyota) announced that Japan’s Ministry of Economy, Trade and Industry (METI) has issued the necessary certificates for the development and production of Toyota’s next-generation batteries (Performance version), as part of the government’s program called “Battery Supply Assurance Plan”.
Certificates have been issued for (1) the production of the next generation of Performance batteries at Prime Planet Energy & Solutions, Inc. (PPES), then (2) for next-generation battery production (also Performance version) at Primeearth EV Energy Co., Ltd.*1 (PEVE), as well as (3) research, development and production of all-solid-core batteries .
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Subject request |
The applicant company |
Start of production |
Volume of production |
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(1) |
Next generation batteries (Performance version) |
PPES, Toyota |
Beginning in 2026, gradual introduction |
9 GWh/year |
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(2) |
UNTIL*1Toyota |
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(3) |
Batteries with a solid core |
Toyota |
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*1 |
From October 1, 2024, PEVE will change its name to “TOYOTA BATTERY Co., Ltd.” |
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The policy defined by METI, called “Initiatives for Ensuring a Stable Supply of Batteries”, is based on the Law on the Promotion of Economic Security. Its goal is to strengthen the production infrastructure for battery manufacturing, including battery cells, materials and production equipment, which are designated as critical materials. Battery manufacturing is an equipment-heavy industry that requires large investments in significant facilities. In order for the Japanese battery industry to maintain and improve its production capabilities and technologies, which includes both the equipment industry and material manufacturers, the necessary government support is provided.
By advancing the development and production of batteries in Japan, Toyota aims to contribute to the further development of the industry and the strengthening of the battery manufacturing infrastructure. In addition, by increasing competitiveness in battery applications, Toyota seeks to improve the market position of electrified vehicles and achieve carbon neutrality by solving the problem in different ways.
PR Toyota
Source: autoblog.rs
