Who wins if Toyota's bet on solid-state batteries pays off?

Toyota made headlines recently with its claims of being on the cusp of manufacturing solid-state batteries at scale – a technology that could prove to be a gamechanger for Electric Vehicles (EVs). If successful, Toyota’s solid-state batteries could give electric vehicles a range of 1,200km – more than twice the range of most battery-powered vehicles – and a charging time of 10 minutes or less.

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