- The report added that the industry ministry will include the support for battery development in an action plan it aims to compile at the end of this year
- Batteries take up around 30 per cent of costs to develop an electric car
According to a report by Japantoday, government sources said that the Japanese government has plans to strengthen support for the development of next-generation car batteries as it aims to expand the use of electric vehicles and reduce greenhouse gas emissions. The report added that the industry ministry will include the support for battery development in an action plan it aims to compile at the end of this year.
Technological development of solid-state batteries
Batteries take up around 30 per cent of costs to develop an electric car. The report added that the Ministry of Economy, Trade and Industry will push the technological development of solid-state batteries. They are believed to help improve the driving range of EVs and charge quicker than existing lithium-ion batteries.
It will also strengthen efforts to ensure the supply of rare metals and other key materials used in making the batteries as per the sources. Toyota Motor Corp. and Panasonic Corp have tied up in manufacturing and selling batteries for EVs. Honda Motor Co and General Motors Co are also jointly developing batteries and battery components for their vehicles.
