Society | Sep 08

Toyota To Spend $13.6 Billion On Electric Car Batteries By 2030

Toyota said Tuesday it will invest $13.6 billion into batteries for electric and hybrid cars by 2030, as the world’s biggest automaker pushes to make its production carbon-neutral.

The Japanese car giant said in a presentation it plans to pour 1.5 trillion yen into the development and supply of batteries for electric vehicles and that it aims to cut battery costs by half per car by 2030.

Toyota said in June it aimed to make its production carbon-neutral by 2035, replacing the previous target date of 2050.

One of the ways the company hopes to realise its goal is by introducing new technologies for painting vehicles — one of auto production’s most power-gobbling procedures — such as replacing paint with adhesive film.

Toyota is a pioneer of hybrid vehicles and autos using hydrogen fuel, and is also stepping up its development of battery-powered electric cars.


MORE Society NEWS

The Imperial Household Agency has announced that Princess Kako, the second daughter of the Akishino family, is scheduled to visit Greece in late May to promote international goodwill.

The Taiji Town Whale Museum in Wakayama Prefecture conducted a memorial service on Tuesday for marine mammals and fish that have died in captivity.

A startling projection has been unveiled, suggesting that if current trends continue, every Japanese person might eventually be named 'Sato'.

POPULAR NEWS

Four men have been arrested by Tokyo police for allegedly recruiting women for prostitution in the United States via a website, promising encounters with affluent clients and high earnings.

For the first time in 73 years, Japan has unveiled a newly constructed whaling mother ship, equipped with drone technology for whaling operations in the Antarctic Sea.

The Liberal Democratic Party (LDP) in Nara Prefecture has disciplined its former Youth Division Chief following a controversial dance party incident.

Residents of Japan's oldest student dormitory, self-managed for over 100 years, are digging in as Kyoto University attempts to evict them from the premises.

A Japan Airlines flight en route from Melbourne to Narita Airport encountered sudden severe turbulence on April 1, causing injuries to several cabin crew, including a broken leg.

FOLLOW US