Toyota Technology Strategy: With Battery and Fuel Cell

Under the appropriate motto "Let's Change the Future of Cars", Toyota Motor Corporation has presented its latest development strategy and announced a series of new technologies aimed at further transforming from a pure automobile manufacturer to a mobility service provider. In the future, vehicle manufacturing will focus on three main priorities: Safety takes the forefront. The company is advancing its Toyota Safety Sense assistance systems to provide customers with safe and reliable technologies. The second priority is collaborative development with experts worldwide. Successful examples include CJPT projects for CO2-neutral operations in the commercial sector, the partnership with the CP Group in Thailand, and global collaboration in various motorsport racing series. As the third and final priority, the focus on localization will be further promoted.

"Customers in different regions have different requirements for their vehicles. Here, we will utilize our expertise in research and development centers around the world to offer tailored solutions for each market," said Hiroki Nakajima, Executive Vice President and Chief Technology Officer at Toyota Motor Corporation.

Strategy for the Development of New Battery-Electric Technologies

In May 2023, Toyota established a new organization called the BEV Factory, which will significantly accelerate the development and production of battery-electric vehicles, according to the company. For instance, the use of next-generation batteries is expected to enable ranges of up to 1,000 kilometers. Additionally, artificial intelligence will support engineers in design and aerodynamics. In the body construction of its fully electric models, the company will increasingly rely on so-called Gigacasting, where the body is built from three main components in a new modular structure. This aims to save parts and therefore manufacturing costs. Furthermore, self-regulating production technology will reduce processes and plant investments by half. With the BEV Factory, the manufacturer drives the development of the next generation of battery-electric vehicles. By 2026, a completely new product line is to be introduced, and by 2030, around 1.7 million battery-electric vehicles are to be produced annually.