Volume 95 Issue 15 | News of The Week
Issue Date: April 10, 2017 | Web Date: April 5, 2017

Toyota in hunt for novel battery materials

Research will cost $35 million and draw on six research organizations
Department: Business
Keywords: Energy storage, Toyota, battery, artificial intelligence, catalysis, robotics

Toyota’s research arm, the Toyota Research Institute, will invest about $35 million over the next four years to develop advanced battery materials and fuel cell catalysts.

Toyota has been a leader in developing hybrid electric cars such as the Prius, but in the full-electric car market its battery technology trails that of Tesla. Toyota hopes to close the gap with research that merges computational materials modeling, new sources . . .

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