A report in Japan's Chunichi Shimbun claims Toyota is working on a new type of battery that will allow for significantly increased driving range and reduced charging time.
Quoting the newspaper, Automotive News says the battery will be used in an all-electric vehicle that will be based on a new platform and will arrive in the beginning of the next decade, most likely in 2022. The battery will be solid-state, which means it will use solid electrolytes rather than liquid ones for safety reasons.
Most of the current lithium-ion batteries need at least 30 minutes to recharge to a certain charge level (~80%) and can offer total ranges of up to 250 miles (400 kilometers). Toyota wants to reduce the charging time down to the time spent for reloading an ICE vehicle.
According to the Japanese newspaper, the new electric vehicle will be launched at first in Japan in 2022. So far, Toyota has declined to comment on the report.