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Toyota to roll out next-generation hybrid batteries in 2027 as it targets 5 million hybrid sales

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TL;DRToyota will start building next-gen hybrid batteries in 2027 as it expects to sell over 5 million hybrids globally this year Toyota will begin rolling out a new generation of hybrid batteries next year, the automaker said during its quarterly earnings call on Tuesday. The company will convert existing battery production lines in Japan with enough capacity for roughly 600,000 vehicles to build the new packs, which it says will deliver better performance at a lower cost. “We are expanding battery production capacity during 2027 and 2028, and we will continue our efforts to fully capture customer demand,” Takanori Azuma,…

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