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Hi everybody and welcome back to
the Elon Musk podcast where we 

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dissect the latest advancement 
shaping the future of 

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transportation technology and 
space exploration. 

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Today we're diving into recent 
developments coming out of 

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Toyota, the Japanese automaker 
Titan that's been making waves 

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with its ambitious plans to 
revolutionize the electric 

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vehicle landscape. 
Following a significant 

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breakthrough in solid-state 
battery technology, Toyota has 

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announced plans to have the 
size. 

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The weight in the cost of its EV
batteries aiming to turn the 

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tide in the EV race where Tesla 
has so far been leading the 

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pack. 
In our discussion today, we'll 

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delve into what this development
means not just for Toyota or 

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theory and tire auto industry, 
and indeed the feature of 

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sustainable transport as a 
whole. 

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We'll explore how Toyota's new 
strategy to simplify the 

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production process of battery 
materials could bring down costs

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and reshape the EV landscape, 
and discuss their surprising 

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claim of an EV with a. 1200 
kilometer range in a rapid 10 

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minute charge time. 
This bold move by Toyota has 

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potential to ignite a global EV 
revolution. 

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Now before we get into that, 
let's take a moment and check 

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out some of our sponsors. 
Those are the people that help 

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us continue doing what we do 
here for you every single day. 

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All right? 
And we're back from Tokyo, 

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Japan. 
In a major announcement that 

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could transform the future of E 
v's Toyota Motor Corporation, 

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the Japanese automotive giant 
recently revealed plans to cut 

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in half the size, the weight and
the cost of its EV batteries. 

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This ambitious goal follows a 
significant breakthrough in 

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Toyota's solid-state battery 
technology, which could 

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potentially usher in a new era 
of electric mobility. 

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KG Keita, president of Toyota's 
Research and Development Center 

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for Carbon Neutrality. 
Stated on Tuesday that 

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simplifying the production 
process for battery materials 

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when considerably bringing down 
the cost of the company's long 

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anticipated next generation 
technology. 

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This move is designed to address
one of the major challenges 

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currently facing the automotive 
industry, making EV's more 

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affordable and accessible for 
the average consumer for both 

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our liquid and solid-state 
batteries. 

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We are aiming to drastically 
change the situation where 

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current batteries are too big, 
heavy and expensive, they said. 

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During the announcement, he 
further stated that Toyota is 

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aiming to have all of these 
factors signaling a significant 

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commitment to accelerating the 
global transition to electric 

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vehicles. 
This announcement came on the 

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heels of surprise revelation 
last month where Toyota SHARE 

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plans to commercialize its 
solid-state battery technology 

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in an electric vehicle by 2027, 
and the company has been 

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collaborating with Panasonic, 
the Japanese electronics giant. 

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On the technology through a 
joint battery venture signaling 

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an increased commitment to 
achieving carbon neutrality. 

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solid-state batteries have long 
been seen by industry experts as

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the most promising technology to
solve persistent EV battery 

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problems. 
These issues include long 

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charging times, limited battery 
capabilities, and the risk of 

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fires, all of which have been 
significant obstacles to the 

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wider adoption of E V's. 
These new generation batteries 

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replace a liquid electrolyte. 
With a solid one and use lithium

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metal at the anode instead of 
graphite, which is currently the

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standard in lithium ion 
batteries, and the use of solid 

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electrolytes can improve energy 
density, safety and potentially 

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decrease charging times. 
And despite their potential, 

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solid-state batteries have 
remained a challenge due to high

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production costs in 
manufacturing complexities. 

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These difficulties have prompted
automakers to push back launch 

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timelines. 
To concentrate their efforts on 

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developing and improving liquid 
based lithium ion batteries 

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instead. 
Toyota, however, is poised to 

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break this trend. 
Company initially stated it 

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wanted to start selling hybrid, 
but not fully electric cars 

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powered by solid-state batteries
before 2025. 

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In A twist, they announced that 
the company has discovered ways 

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to address the durability 
problems associated with 

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solid-state batteries and now 
has the confidence to mass 

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produce them for use in E v's by
2027. 

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For 2028 now, these advances 
could potentially redefine what 

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customers come to expect from 
electric vehicles. 

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Toyota has claimed that has made
a technological breakthrough 

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that has resolved durability 
issues and a solution for 

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materials that would enable an 
EV powered by a solid-state 

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battery to boast a range of 1200
kilometers. 

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Furthermore, these EV's would 
require charging time of 10 

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minutes or less. 
Putting them on par with the 

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refueling times of traditional 
gasoline powered vehicles now, 

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simplifying the process and 
reducing the number of processes

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needed to make battery materials
could also make solid-state 

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batteries more costeffective. 
Kaita added that these 

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improvements could bring the 
cost of solid-state batteries 

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down to similar or even lower 
levels than those of current 

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liquid based lithium ion 
batteries. 

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Such advancements could offer 
Toyota a significant advantage. 

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In the rapidly intensifying 
global EV race, Toyota has been 

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slower than some of its 
competitors, most notably Tesla,

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to roll out electric vehicles. 
As such, the successful 

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deployment a solid-state 
batteries could help Toyota 

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close the gap with its 
competitors, potentially reshape

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the EV landscape. 
A market reaction to Toyota's 

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ambitious plans has been largely
positive. 

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Since the company announced its 
solid-state battery plan last 

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month, shares in Toyota have 
risen 13%. 

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Yet Toyota's top brass are 
tempering expectations, noting 

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that the solid-state batteries 
are not a panacea for all 

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battery challengers now, 
Toyota's chief technology 

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officer expressed caution over 
the new tech. 

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They said there is also room for
improvement for liquidbased 

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batteries. 
The crux of the EV battery 

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competition will ultimately be 
value added on the car as a 

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product and how much we can 
control the overall volume of 

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batteries. 
And how effectively we can use 

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them. 
On another note, despite its 

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latest announcement, Toyota is 
also committing substantial 

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resources to hydrogen fuel cell 
technology company announced 

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last month that it will 
establish a hydrogen factory to 

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further develop fuel cell 
technology, particularly for 

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commercial customers. 
This indicates that Toyota is 

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keeping its options open as the 
race for cleaner, more 

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sustainable automotive 
technology intensifies our 

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Toyota's. 
Hydrogen initiatives will be 

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focused on markets in Japan, 
China and Europe. 

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We will work toward full scale 
commercialization as we move 

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forward with these initiatives. 
The next generation system will 

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achieve a 37% cost reduction 
through technological progress, 

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volume efficiency and 
localization, the company said. 

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And this announcement by Toyota 
is signal a pivotal moment in 

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the advancement of electric 
vehicle technology. 

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Several challenges remain the 
company's commitment. 

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The solid-state batteries and 
its drive to overcome these 

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obstacles could potentially 
accelerate the transition to a 

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more sustainable transportation 
future. 

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Whether Toyota will be able to 
meet these targets remains to be

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seen, but we'll be bringing you 
all the information and all the 

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news on that as it unfolds. 
So that's it for today 

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everybody. 
Thank you so much for listening 

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to the show. 
I appreciate you. 

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If you could take a second and 
hit the follow or subscribe 

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button on whatever platform that
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really help out the show. 
Thank you so much. 

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Take care of yourselves and each
other and I'll see you in the 

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next one.