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Toyota joins IONNA investment to support North American charging network construction

August 14, 2024
in ALL ARTICLES, CAR NEWS
Toyota joins IONNA investment to support North American charging network construction

Recently, Toyota Motor North America announced an important strategic decision to officially join the investment team of IONNA, an electric vehicle charging service provider, to support its construction of a large-scale, high-power electric vehicle (BEV) charging network in North America. This measure not only marks Toyota’s further deepening of its layout in the electric vehicle field, but also reflects its firm commitment to sustainable transportation development in the future.

IONNA is a joint venture established by seven global automobile manufacturers (BMW, General Motors, Honda, Hyundai, Kia, Mercedes Benz, and Stellantis) with the aim of building a widely covered, efficient, and convenient electric vehicle charging network in North America through cooperation and collaboration. As the latest manufacturer to join, Toyota’s investment not only provides important financial support for IONNA, but also brings rich industry resources and experience to jointly promote the rapid development of electric vehicle charging infrastructure.

Ted Ogawa, President and CEO of Toyota North America, said, “We are pleased to announce our support for IONNA’s deployment of DC fast chargers in the United States and Canada. We believe that this will not only promote the popularity of pure electric vehicles and enhance customer confidence in the technology, but also provide opportunities for Toyota and Lexus customers to use IONNA’s rapidly growing charging network in North America.” Toyota’s decision will undoubtedly further consolidate its leading position in the electric vehicle market and provide customers with a more convenient and efficient charging experience.

IONNA plans to install at least 30000 charging ports in North America by 2030, which will be equipped with both NACS (Tesla Charging Specification) and CCS (North American Standard Charging System) connectors to support all types of battery electric vehicles. IONNA focuses on the overall customer experience. In addition to providing efficient charging services, its charging stations will also be equipped with convenient facilities such as bathrooms, catering services, retail stores, etc., providing electric vehicle owners with a comprehensive service experience.

Toyota’s addition undoubtedly injects new impetus into IONNA’s charging network construction. The cooperation between Toyota and IONNA will not only promote the rapid development of electric vehicle charging infrastructure, but also drive further prosperity in the electric vehicle market. With the continuous advancement of electric vehicle technology and the continuous improvement of charging networks, electric vehicles will become an important force in the future transportation field, making significant contributions to environmental protection and sustainable development.

Looking ahead, Toyota and IONNA will continue to deepen their cooperation and jointly promote the construction and development of electric vehicle charging networks. Through the joint efforts of both parties, we believe that the electric vehicle charging network in North America will become more complete and convenient, laying a solid foundation for the popularization and sustainable development of electric vehicles.

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