Toyota, Samsung accelerate toward better EV batteries

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Toyota, Samsung accelerate toward better EV batteries
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Korean champ promises solid state kit that makes Li-Ion look flat by 2027

Solid state batteries are also more resilient than lithium-ion affairs, which become less efficient over time and can also catch fire after even slight damage.Again, those specs leave lithium-ion batteries looking flat. If Samsung can produce its solid-state powerpacks in sufficient quantities, it could give the electric vehicle market a jolt by increasing range.

Toyota, however, has more immediate plans for EV batteries. The Japanese giant on Tuesday announced that it will take over its 28-year electric battery joint venture with Panasonic. PEVE mass produces prismatic nickel–metal hydride and lithium-ion battery packs for hybrid electric vehicles , including the Toyota Prius. Plans are currently underway for the company to also tackle battery electric and plug-in hybrid electric vehicles .

PEVE will not be the only Toyota-backed company making BEV and PHEV batteries, as fellow Panasonic joint venture, Prime Planet Energy & Solutions already tackles those markets.

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