Ionna, an EV charger company backed by 7 automakers, will add 200 jobs in Durham

An electric vehicle charger manufacturer backed by some of the world's largest automakers has picked Durham for its global headquarters.

Why it matters: Ionna — whose chargers are used by BMW, GM, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis — will create 203 new jobs in Durham by 2029, according to the N.C. Department of Commerce.

Driving the news: Ionna will receive approximately $3.9 million in state incentives if it meets hiring and investment goals in Durham County.

Zoom in: Ionna was founded with the goal of creating a new, high-powered charging network with at least 30,000 chargers.

• The minimum average wage for the new jobs would be $128,457, according to the Commerce Department.
• The company was also considering expanding in Austin, Texas, before selecting Durham.
• Ionna was founded earlier this year, and many of its executives come from the car industry, The Verge reported .
• Its new headquarters in Durham will be focused on helping automakers address charging issues following software updates, tackle customer issues closer to the source, and offer interoperability testing.