Toyota Motor Europe to roll out smart EV charging through new partnerships
ToyotaToyota(US:TM) Yahoo Finance·2025-11-28 18:57

Core Insights - Toyota Motor Europe is partnering with energy providers across several European countries to offer smart charging services for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) [1] Group 1: Smart Charging Initiatives - The initiative aims to create a seamless and intelligent charging experience for drivers at home, work, or on the move [1] - From 2026, Toyota plans to launch demand side response-based charging services in the UK with British Gas and in Germany with The Mobility House Energy [2] - These services will support automated smart charging, allowing users to manage and schedule charging via mobile apps, particularly during off-peak periods when electricity prices are lower [2] Group 2: Incentives and Grid Stability - Customers participating in grid-balancing schemes will be eligible for incentives and rewards [3] - The solutions are designed to enhance electricity grid stability by smoothing demand, reducing reliance on fossil fuel-based peaking plants, and facilitating the integration of renewable energy sources like wind and solar [3] Group 3: Future Expansion and Technology - Toyota plans to extend its energy partnerships to more countries and introduce additional services, including Vehicle-to-Grid (V2G) capabilities [4] - V2G technology will allow electric vehicles to not only draw power from the grid but also supply electricity back when needed [4] Group 4: Corporate Vision - Leon Van Der Merwe, VP of circular economy and energy business at Toyota Motor Europe, emphasized that enabling smart, flexible, and green charging is part of shaping a future where mobility and energy benefit customers, communities, and the planet [5]

Toyota Motor Europe to roll out smart EV charging through new partnerships - Reportify