Toyota Invests in Ionna EV Charging Network

Toyota joins seven other automakers as an investor and founding partner of Ionna

United States/ North Carolina - Ionna LLC., and Toyota Motor North America Inc., has joined seven other automakers as an investor in IONNA to help build a high-powered charging network for battery electric vehicles (BEVs) in North America. This partnership will provide Toyota and Lexus customers access to IONNA's public DC fast chargers, which will start being deployed later this year. IONNA aims to install at least 30,000 charging ports by 2030, with stations featuring both NACS and CCS connectors to support all BEV drivers.

Mr. Ted Ogawa, president and CEO of Toyota Motor North America, said, “We are excited to announce our support of IONNA to deploy DC fast chargers throughout the U.S. and Canada. We believe this will not only promote the adoption of BEVs and increase customer confidence in the technology, but it will provide our Toyota and Lexus customers with access to IONNA’s rapidly growing charging network in North America.”

IONNA's commitment to a holistic customer experience aligns with Toyota's goal of providing amenities and convenience at charging stations. IONNA plans to launch its first DC fast charging stations in 2024 and will continue expanding throughout the decade.

Mr. Seth Cutler, CEO of IONNA, said, “We are delighted to welcome Toyota to our growing IONNA family. Their vision for the future of electric mobility in North America aligns perfectly with our mission to push the boundaries for the highest standards of quality, reliability, and customer experience. This partnership marks another significant achievement of many to come in our joint journey to transform EV charging and spearhead the adoption of sustainable transportation in North America.”

Supporting IONNA is an important step for Toyota, joining BMW, GM, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis in investing in a nationwide public charging network. Toyota currently offers the Toyota bZ4X and Lexus RZ BEVs in the U.S. and Canada, with plans for two new three-row BEV SUVs to be assembled in Kentucky and Indiana. By 2030, Toyota aims to offer 30 BEV models globally and produce up to 3.5 million BEVs annually.