What is Toyota’s position on some people’s claims that advanced lithium ion batteries for automotive applications will cost less than $1000 per kWh…perhaps lower than $500 per kWh?
In summer 2009, Toyota was asked to testify in front of a committee at the National Academy of Science in Washington, D.C., on the current state of plug-in technology, which of course included a discussion on advanced batteries. That testimony is a matter of public record and has been reported on in the media. During that testimony a Toyota representative was asked Toyota’s opinion on current battery costs and how significantly it might be reduced.
