IONITY Secures €450 Million Funding to Accelerate Europe's EV Charging Revolution

We are thrilled to announce that IONITY has successfully raised €450,000,000 in new funding, marking an essential milestone in our mission to make long-distance travel with electric vehicles the new normal. This major financial boost will accelerate the development and expansion of our High Power Charging (HPC) network, which stands as a cornerstone of sustainable mobility across Europe’s highways. With state-of-the-art technology providing charging capacities of up to 400kW, our network—based on the leading CCS (Combined Charging System) standard—ensures that drivers of today’s and tomorrow’s electric vehicles can enjoy maximum speed charging at every stop. As a joint venture brought to life by renowned car manufacturers such as BMW Group, Ford, Hyundai, Mercedes Benz, Volkswagen with Audi and Porsche, alongside BlackRock's Climate Infrastructure Platform, IONITY stands at the forefront of the e-Mobility revolution. Our commitment to sustainability remains unwavering—we power all our chargers with 100% renewable energy, paving the way for truly emission-free and carbon-neutral journeys. Each IONITY station, typically outfitted with four charging points, is designed to offer convenience and efficiency to over 200 dedicated employees continually shaping the future of electric mobility from our headquarters in Munich, with additional offices in Dortmund and Oslo. This considerable investment will not only support the extension of our extensive charging network but will also underpin continuous innovation in charging technology and service quality. By strengthening our infrastructure and expanding our reach, we aim to catalyze a new era in sustainable transport, making electric travel a practical and reliable choice for drivers across Europe.