Japanese automotive giant Toyota is planning an EV (electric vehicle) powered by a solid-state battery that would have a range of nearly 1,200 km (750 miles) and a charge time of only 10 minutes.
Elon Musk-run Tesla Superchargers give about 200 miles of charge in 15 minutes.
The company is also planning to introduce a high-performance lithium-ion battery to its next-generation EVs by 2026, as part of its new technology roadmap revealed on Tuesday.
The batteries will deliver quicker charging and around 1,000 km (620 miles) of range, putting Toyota's vehicles ahead of the competition.
"On the vehicle axis, through technologies such as the integration of next-generation batteries and sonic technology, we will achieve a vehicle cruising range of 1,000 km," Toyota said.
Last year, Mercedes-Benz unveiled its long-range 'Vision EQXX' concept car that travelled over 1,000 km on a fully charged battery -- longest-ever distance covered by an EV on a single charge.
According to the automaker, the journey from Germany to the south of France started in cold and rainy conditions and was undertaken at regular road speeds, including prolonged fast-lane cruising at up to 140 kmph.
The automaker plans to go fully electric by 2030, setting a target for half of its global sales to comprise plug-in hybrids and EVs by 2025.
Indian share market ends in red ahead of key global policy decisions
Ahead of key policy decisions especially from the US Federal Reserve, the Indian stock market closed in red on Tuesday as selling was seen in the PSU bank, auto, IT, financial service, pharma, FMCG, metal, and realty sectors of Nifty.
Buy on dips strategy working well in Indian stock market amid sharp rebound
The surge in the Indian stock market on Friday helped the Indian benchmark indices end the week on a positive note. A strong 2,000-point rebound from the lows suggests that the buy-on-dips strategy is working well in the market, experts said on Saturday.
India’s GDP growth to hold steady in FY25, likely to clock 6.7 pc in FY26
India's economic growth will continue to hold steady in FY25 despite global uncertainties, with a projected GDP at 6.7 per cent in FY26, a report showed on Friday.
Share market ends lower ahead of CPI data, Sensex settles at 81,289
According to experts, "the market continued to remain range bound ahead of domestic CPI data and weakening rupee. Though inflation is anticipated to drop, investors are maintaining a close vigil on the vegetable prices, which will determine the future rate trajectory."
Indian share market opens higher ahead of CPI data
The Indian stock market opened higher on Thursday ahead of the consumer price index (CPI) data. In the early trade, selling was seen in Nifty's auto and PSU bank sectors.
Tira unveils its flagship luxury beauty store at Jio World Plaza
Tira, the beauty retail chain of Reliance Retail, unveils its luxury flagship store today at Jio World Plaza, Mumbai which is poised to elevate the beauty shopping experience to unprecedented heights, offering an experience that is comparable with the best of global standards in luxury beauty retail.
Sensex crashes 984 points, loses 1,795 points in 3 trading sessions
Due to the decline, the market cap of all the companies listed on the Bombay Stock Exchange (BSE) has declined by about Rs 6 lakh crore which now stands at Rs 430 lakh crore.
Sensex slips below 78,000, investors lose over Rs 6 lakh crore
Indian equity indices traded in deep red on Wednesday due to large selling in the heavyweights like Reliance Industries and HDFC Bank, among others.