Toyota recently announced that the company has finally found the secret behind mastering the lithium-ion battery technology.

The Japanese car manufacturer said its discovery will allow them to safely add more power to its cars without the need to levy significant cost. Toyota added that this might finally pave the way for the company's entry into the growing electric car market.

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Car manufacturers like Tesla Motors and Nissan have adopted lithium-ion battery technology into their cars about a decade ago. However, Toyota has some concerns about the technology especially regarding the cost, size and safety of it, according to Venture Beat.

While lithium-ion batteries offer more power, the technology can become unstable and can cause fire.

The recent incidents about the exploding Samsung smartphones and Dreamliner airplanes are said to be caused by these lithium-ion batteries. Lithium-ion car batteries are usually composed of a combination of cobalt, manganese, and nickel.

With its own lithium-ion technology, many market experts agree that it will not be long until Toyota starts to roll out all-electric cars. Toyota has been reluctant to use lithium-ion batteries, and the company is known to rely mostly on hydrogen fuel cell.

Toyota said the Prius Prime will be the company's first car to use lithium-ion batteries. The plug-in electric version of the gasoline hybrid can reach distances of up to 37.3 miles when fully-charged before using the gasoline engine. Due to differences in test methodology, the Prius Prime will have a listed mileage of around 25 miles in the United States.

TagsToyota, lithium-ion, li-ion battery, car battery, Electric Car, toyota lithium-ion battery