Toyota said Tuesday it will invest $13.6 billion into batteries for electric and hybrid cars by 2030, as the world's biggest automaker pushes to make its production carbon-neutral.

The Japanese car giant said in a presentation it plans to pour 1.5 trillion yen into the development and supply of batteries for electric vehicles and that it aims to cut battery costs by half per car by 2030.

Toyota said in June it aimed to make its production carbon-neutral by 2035, replacing the previous target date of 2050.

One of the ways the company hopes to realise its goal is by introducing new technologies for painting vehicles -- one of auto production's most power-gobbling procedures -- such as replacing paint with adhesive film.

Toyota is a pioneer of hybrid vehicles and autos using hydrogen fuel, and is also stepping up its development of battery-powered electric cars.

Japan's Prime Minister Yoshihide Suga in October set a 2050 deadline for the world's third-largest economy to become carbon neutral, significantly firming up the country's climate-change commitments.

The nation has struggled to cut carbon emissions after shutting down reactors following the 2011 meltdown at the Fukushima nuclear power plant.

In November, engineering giant Toshiba said it would stop constructing new coal-fired power plants and shift to renewable energy in a bid to reduce greenhouse gas emissions.

Related Links
Car Technology at SpaceMart.com

Tweet

Thanks for being here; We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor $5 Billed Once credit card or paypal		SpaceMediaNetwork Monthly Supporter $5 Billed Monthly paypal only

Merkel's record mixed as she takes wheel at last IAA show
Berlin (AFP) Sept 7, 2021
No German leader's diary would be complete without a visit to the venerable IAA motor show, which welcomes Angela Merkel on Tuesday for the last time in her chancellorship. But the biennial celebration of all things auto-related is mired in controversy this year as Germany struggles to adapt its flagship industry to the electric and digital revolution. Merkel, who is quitting politics after an election on September 26, has been a regular at the show over her 16 years in power - even earning the ... read more