Toyota ‘investing like crazy' in new EV batteries but no big sea change expected

Toyota Chief Scientist Gill Pratt argues that overzealous electric vehicle mandates can actually backfire by making emissions worse than planned as people hold on to their gas guzzlers. (HANS GREIMEL)

May 19, 2023 02:31 PM

HIROSHIMA, Japan — Toyota is "investing like crazy" in new battery technologies for electrified vehicles but sees no dramatic breakthrough from today's basic chemistry for at least another decade.

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