Additional Reading
Just because Toyota hasn’t gone all-in on EVs doesn’t mean they’ve been sitting on the sidelines. In fact, the company has been at the forefront of some incredibly exciting battery research. Specifically, it’s working on a solid-state battery it claims will have a range of up to 745 miles per charge. Toyota’s engineers have also hinted at a charging time of just 10 minutes.
If the company’s research yields a market-viable product, the new batteries will represent one of the biggest developments in the EV industry in years. They’re purportedly easier to manufacture than traditional lithium-ion batteries, which is another major advantage.
Additional Reading
Located in Susono near Mt. Fuji, Toyota Woven City is a state-of-the-art site that the company has dubbed an “exploratory mechanism.” Every resident of the city is an inventor who is devoted to furthering innovations that “benefit all people.”
The developing community serves as a test site for new systems, services, and ideas that enhance efficiency and mobility. The company’s goal is to “accelerate the problem-solving process” and unlock innovations that better all of humanity.
The automotive industry is undergoing one of its biggest transformations in decades, which has posed new challenges for many manufacturers. However, Toyota has weathered this unprecedented shift virtually unscathed — a testament to the value of a resilient, agile, and multifaceted supply chain.
As the automaker navigates the complexities of the 21st-century business landscape, its supply chain strategies will continue to evolve, setting new standards for operational excellence and sustainability.