Japan's Toyota announces battery electric vehicle initiatives
The Hindu
Toyota plans to make an all solid-state battery as part of ambitious plans for battery electric vehicles, amid criticism faced by Japan’s top automaker against climate change
Toyota plans to make an all solid-state battery as part of its ambitious plans for battery electric vehicles, the company said on June 13 , as amid mounting criticism Japan’s top automaker needs to do more to fight climate change.
Also read: Japan aims to refocus its foreign aid on maritime, economic security, national interests
Toyota Motor Corporation aims for a commercial solid-state battery by as soon as 2027. Charging time, one of the main drawbacks of electric vehicles (EVs), will get shortened to 10 minutes or less, the company said in a statement.
“With the evolution of the vehicle’s operating system, the next-generation battery EV will also enable customization of the ‘driving feel,’ with a focus on acceleration, turning and stopping,” it stated .
EV owners usually have charging stations in their homes and keep their cars plugged in overnight to recharge. That’s one of the main reasons Toyota has long insisted that hybrids are a better solution. A hybrid recharges as the car runs.
Toyota President Koji Sato has said that the company must play catchup after falling behind in the EV sector. The automaker is likely to face harsh criticism on its climate change commitments at a shareholders’ meeting in Toyota City, central Japan, set for June 14 .
Also read: Toyota heading to moon with cruiser, robotic arms, dreams
Air India has signed an agreement with Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), to develop a built-to-suit facility for the AME program that will feature modern classrooms, well-equipped laboratories for practical training and a team of qualified trainers.
Zepto raises $350 million in largest domestic fundraise in India, backed by leading financial institutions and notable individuals.
Adani Enterprises Ltd stock dips on NSE and BSE after Kenyan project cancellations and U.S. court allegations.
HSBC Flash India PMI shows uptick in private sector activity, with rising cost pressures and increased prices for customers.
Rupee rises slightly against US dollar amid geopolitical pressures, foreign outflows, and domestic equities; Brent oil surges.
Sensex and Nifty rebound in early trade driven by value buying, bank stock rally, and positive global cues.
The pandemic-induced downturn marked a turning point for cab drivers in Bengaluru. According to Tanveer Pasha, president, Ola and Uber Drivers’ Association, the number of active cabs in the city has dropped from over 1 lakh before the pandemic to just around 30,000 today.
Amazon will likely face an EU investigation next year into whether it favours its own brand products, said sources.
White House addresses bribery charges against Indian billionaire Adani, expresses confidence in U.S.-India relationship.
NTPC Green Energy IPO oversubscribed by 93% on day 2, raising ₹3,960 crore for renewable energy projects.
Chief Economic Advisor advises India Inc to focus on productivity, R&D, and quality over reliance on weak currency for exports.