Toyota Motor North America (TMNA) has announced further details about its efforts to develop a seamless home charging experience in preparation for the rollout of its next-generation electric vehicles (EVs).
In collaboration with WeaveGrid and supported by investment from Toyota’s growth fund, Woven Capital, TMNA aims to ensure that Toyota’s battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs) integrate smoothly with the electric grid, facilitating a more efficient, equitable, and resilient energy transition.
This initiative focuses on advancing technologies and solutions that enhance how vehicles interact with the home and the electric grid. The collaboration aims to maximize the benefits of load flexibility EVs provide while exploring potential cost-saving opportunities for customers. Toyota’s approach reflects its commitment to enriching the ownership experience for BEV and PHEV customers while supporting the broader transition to sustainable energy systems.
With the National Renewable Energy Laboratory (NREL) projecting a tenfold increase in BEV and PHEV vehicles on US roads by 2030, electricity consumption is expected to rise dramatically. To address these challenges, Toyota and WeaveGrid are working with utility partners to launch programs that support a resilient and cost-effective grid. These efforts include exploring how vehicle batteries can serve dual purposes, providing both propulsion and home energy needs, creating benefits for drivers and the grid alike.
WeaveGrid’s systems-oriented approach reflects a belief in the necessity of greater integration and transformation between the energy and transportation sectors. Through this collaboration, Toyota aims to ensure that customers can charge their vehicles reliably and affordably while supporting the growth of electrified transportation and grid modernization.
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Filed Under: Charging, Technology News, Uncategorized
Tagged With: toyota, weavegrid