08:05 AM EDT, 07/10/2024 (MT Newswires) -- Toyota Motor ( TM ) plans to join seven other car manufacturers as an investor in IONNA to support the development of its high-powered charging network for battery electric vehicles in North America, the companies said Wednesday.

Under the investment, Toyota ( TM ) and Lexus customers will have access to the public network of DC fast chargers that IONNA plans to start deploying later this year.

IONNA aims to install at least 30,000 charging ports in North America by 2030, equipped with both NACS and CCS connectors to accommodate all electric vehicles.

Other carmakers that have pledged support include BMW, General Motors ( GM ) , Honda ( HMC ) , Hyundai, Kia, Mercedes-Benz and Stellantis ( STLA ) .

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