WeaveGrid is collaborating with Toyota Motor North America for direct integration in both Toyota and Lexus’ battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs).
WeaveGrid’s direct integration with Toyota — now active in select territories across the US and expanding — allows customers to save money and contribute to a cleaner, more resilient electric grid, all while charging their vehicles.
The collaboration leverages WeaveGrid’s intelligent software platform to work with the telematics systems on certain Toyota and Lexus BEV/PHEV vehicles, providing actionable EV load management capabilities to the country’s largest electric utilities. The result is a system that enables drivers to opt into charging optimization, personalized driver insights, and home charging cost savings.
“WeaveGrid is thrilled to collaborate with Toyota to offer innovative solutions we both believe will help accelerate the transition to decarbonized transportation,” said Apoorv Bhargava, co-founder and CEO of WeaveGrid. “At WeaveGrid, we are committed to making EV adoption easier and more sustainable for everyone. This work with Toyota is a major step forward in achieving that goal.”
Toyota BEV and PHEV owners who enrol in WeaveGrid-powered programs with participating utilities are eligible to earn direct incentives and additional benefits from their electric utility company.
Some examples include:
- Xcel Energy customers enrolled in the Optimize Your Charge program in Colorado, Minnesota, and New Mexico, can earn a $50 annual bill credit on top of daily savings from off-peak rates.
- Baltimore Gas & Electric (BGE) enrolled customers in Maryland can access discounted charging and save about $150 per year through the EVsmart program.
“Toyota is committed to creating a home energy ecosystem where customers can not only charge their EVs at home, but also provide customers with the opportunity to save money, utilize clean energy, and potentially contribute to grid and energy stability in their communities,” said Christopher Yang, group VP at Toyota business development. “Working with WeaveGrid will allow Toyota to play a larger role in defining this home energy ecosystem and ensure that the home charging experience benefits both the customer and society.”
All enrolled participants across utility programs receive tailored insights about their charging and suggestions on how to save money on charging over time through a personalized dashboard.
Filed Under: Technology News, Vehicle-to-Grid (V2G)