Commercial, Distributed Energy Resources, GHG Emissions - July 10, 2024
Toyota Joins National EV Charging Network
Toyota Motor North America invested in a new high-powered charging network along with seven other automakers to support its buildout for battery electric vehicles (BEVs) across North America.
The automotive manufacturer will invest in IONNA, allowing Toyota and Lexus customers access to the public network of DC fast chargers.
IONNA will begin deploying later in 2024. The company plans to install at least 30,000 charging ports in North America by 2030, and stations will include both NACS and CCS connectors to support all BEV drivers.
"We are excited to announce our support of IONNA to deploy DC fast chargers throughout the U.S. and Canada," said Ted Ogawa, president and CEO of Toyota Motor North America, in a statement. "We believe this will not only promote the adoption of BEVs and increase customer confidence in the technology, but it will provide our Toyota and Lexus customers with access to IONNA's rapidly growing charging network in North America."
IONNA plans to bring its first batch of DC fast charging stations online in 2024 and will continue the buildout of additional stations throughout the decade.
The planned nationwide network is highlighted by a partnership and collaboration effort among eight OEMs to invest in the buildout of public charging. Toyota is the latest manufacturer to join in support of the EV charging company, with BMW, GM, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis also pledging support.
Toyota currently offers two mass-market BEVs in the United States and Canada, the Toyota bZ4X and the Lexus RZ. It recently announced plans for two all-new, three-row BEV SUVs that will be assembled at Toyota Motor Manufacturing Kentucky (TMMK) and Toyota Motor Manufacturing Indiana (TMMI). By 2030, Toyota aspires to offer 30 BEV models globally across its Toyota and Lexus brand nameplates and produce up to 3.5 million BEVs annually.
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