Toyota is working on a new solid-state battery which promises to increase driving range and reduce charging times, according to Japanese daily Chunichi Shimbun. The Japanese automaker said it aims to commercialise all-solid-state batteries by the early 2020s, and the batteries can by then be recharged in just a few minutes, the daily reports.

It will be hoping to catch up with fellow Japanese manufacturer Nissan as well as US automaker Tesla in the pure EV market, though it remains to be seen if Toyota will be able to overtake its key rivals in this area due to production processes which require more stringent quality controls.

“There’s a pretty long distance between the lab bench and manufacturing. 2022 is ages away, and a lot can change in the meantime,” CLSA auto analyst Christopher Richter told Reuters. Solid-state batteries also offer a safety advantage over conventional lithium-ion units, because the former uses solid electrolytes in its construction as opposed to liquid electrolytes, which can risk spillage if it is compromised in a crash.

Several companies have been reported to invest in bringing solid-state batteries to market, such as with Dyson’s acquisition of Michigan, USA-based solid-state battery startup Sakti3, which has yet to materialise, according to Electrek. Bosch is also invested in the technology, which it believes will yield 50 kWh battery packs that will weigh below 200 kg.

In the meantime, Toyota is not waiting around with its push into the EV realm. The Japanese giant announced late last year that it will establish an in-house venture company for the development of electric vehicles and its constituent aspects, comprising representatives from Toyota Industries Corp, Aisin Seiki, Denso and TMC, a setup that is independent of internal structural organisations.