Toyota Announces Future EV Battery Development And Production Approved By Japanese Authorities

JAKARTA - Japan's largest automotive company, Toyota Motor Corporation (TMC) announced the development and plans of next-generation batteries (performance versions) and solid-state batteries for future electric vehicles have been certified by the Ministry of Economy, Trade and Industry (METI).

It is also part of the battery supply assurance plan set by the Sakura state authorities.

Launching from Toyota's official broadcast, Tuesday, September 10, certification is given for production of the next generation of battery performance versions on Prime Planet Energy & Solutions, Inc, (PPES) then at Primearth EV Energy Co., (PEVE) and Litbang and solid-state battery production.

The initiative to ensure the supply of batteries remains stable is one of the policies set by METI, based on the Economic Security Promotion Act.

In addition, this regulation aims to strengthen battery production infrastructure, including battery cells, stampai, and manufacturing equipment designated as critical materials.

"To maintain and improve manufacturing and technology capabilities in the Japanese battery industry, which includes the material equipment and manufacturer industry, government support is provided," Toyota wrote.

By advancing the development and production of batteries for electric cars in Japan, the company aims to contribute to further industrial development and strengthen battery production infrastructure.

In addition, by increasing battery competitiveness, Toyota seeks to increase the selling power of electric vehicles and achieve carbon neutrality through a multi-path approach.

The development and production of the latest batteries will begin to be implemented starting in 2026 which will be implemented in 2026 with a production scale of 9 GWh/year.

This news coincides with Toyota announcing it will cut their EV production target for 2026 to a third.

Initially, Toyota had the ambition to produce 1.5 million units of electric cars by 2026. However, this figure is now revised to only 1 million units. This production target adjustment indicates that there is a slowdown in the momentum of global electric car sales.

Although the production target is reduced, Toyota in its official statement confirmed that their commitment to the development of electric cars has not changed. The company is still launching a production target of 1.5 million EV units per year in 2026 and 3.5 million units by 2030.

However, they emphasize that these figures are not binding sales targets, but rather serve as benchmarks for shareholders.