Toyota’s Investment in WeaveGrid Enhances Battery and Plug-in Hybrid Electric Vehicle Customer Experience
December 19, 2024
Toyota USA has announced a significant investment in WeaveGrid, an innovative provider of technology and services for electric vehicle (EV) charging. This move underscores Toyota’s commitment to enhancing the customer experience for its growing lineup of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs).
WeaveGrid’s platform connects EV owners to a network of public and private charging stations, making it easy to find, reserve, and pay for charging sessions. The company also provides real-time charging data, allowing drivers to monitor the progress and costs of their charging sessions.
By partnering with WeaveGrid, Toyota aims to provide its customers with a seamless and convenient charging experience. The company plans to integrate WeaveGrid’s technology into its Toyota Smart Connect platform, which already offers navigation, remote vehicle control, and other connected services.
“Our investment in WeaveGrid is a testament to our belief that electric vehicles are the future of transportation,” said Bob Carter, Senior Vice President of Automotive Operations for Toyota Motor North America. “By partnering with WeaveGrid, we can make the charging experience easier and more accessible for our customers, which will help accelerate the adoption of EVs and PHEVs.”
WeaveGrid’s CEO, Sunmeet Banerji, welcomed Toyota’s investment and emphasized the company’s shared commitment to improving the EV customer experience. “We are thrilled to partner with Toyota, a global leader in automotive innovation and sustainability,” said Banerji. “Our technology will help Toyota further enhance the experience for its EV and PHEV customers, making it easier, faster, and more affordable to charge their vehicles.”
Toyota’s investment in WeaveGrid is part of its broader strategy to expand its electrification offerings and meet the growing demand for zero-emission vehicles. The company plans to introduce a full lineup of BEVs and PHEVs in the coming years, including the highly anticipated Toyota bZ4X BEV and RAV4 Prime PHEV.
By investing in charging infrastructure and services, Toyota is not only enhancing the customer experience but also addressing one of the key barriers to EV adoption: range anxiety. With access to a comprehensive network of charging stations and real-time charging data, EV and PHEV owners can travel with confidence, knowing that they can easily find and charge their vehicles.
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