Toyota Motor North America (TMNA) has provided details about its approach to enhancing home charging for its next-generation electrified vehicles. TMNA, with support from Toyota’s growth fund, Woven Capital, is working with WeaveGrid to integrate Toyota battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs) into the electric grid. This partnership aims to support an energy transition that is efficient, equitable, and resilient.
Christopher Yang, group vice president of Toyota EV Charging Solutions, stated that Toyota’s focus includes investments in technology and solutions that improve the interaction between vehicles, homes, and the electric grid. With a growing number of Toyota BEV and PHEV owners, the company seeks to provide a reliable and high-quality charging experience.
Toyota’s strategy involves developing solutions to enhance load flexibility for electric vehicles on the grid and exploring financial benefits for customers. The National Renewable Energy Laboratory (NREL) projects a significant increase in BEVs and PHEVs on U.S. roads by 2030, potentially multiplying electricity demand. To address this, Toyota and WeaveGrid are collaborating with utility partners to develop a resilient and cost-effective grid to support increased EV usage. This collaboration also examines the dual use of vehicle batteries for propulsion and home energy needs.
WeaveGrid emphasizes the need for greater integration between the energy and transportation sectors to prepare for the expected surge in vehicle electrification. Toyota views this partnership as a way to uphold its commitment to customer satisfaction and contribute to broader carbon-neutral goals.
