Perhaps Stellantis CEO Carlos Tavares should line out a
“Plan B” about how to react and how much additional money would need to be borrowed
if another automaker “leapfrogs” the current EV technology....
https://www.theguardian.com/business/2023/jul/04/toyota-claims-battery-breakthrough-electric-carssample quote
Kaita said the company had developed ways to make batteries more durable and believed it could now make a solid-state battery with a range of 1,200km (745 miles) that could charge in 10 minutes or less.
The company expects to be able to manufacture solid-state batteries for use in electric vehicles as soon as 2027, according to the Financial Times, which first reported on Toyota’s claimed breakthrough.
end quote
