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IONITY announces €700 million investment

IONITY announces €700 million investment to enable rapid EV charging network expansion and accelerated growth across Europe

IONITY shareholders and BlackRock’s Global Renewable Power platform* invest a combined €700 million to accelerate IONITY’s expansion across Europe.

Number of IONITY high-power charging points will more than quadruple.

BlackRock’s Global Renewable Power platform is the first non-OEM to join IONITY’s shareholders, including BMW Group, Ford Motor Company, Hyundai Motor Group with KIA, Mercedes-Benz AG and Volkswagen Group with Audi and Porsche.

IONITY, Europe’s leading high-power charging network – open to drivers of all electric vehicle brands – today announces a combined €700 million investment from its current shareholders and new partner the BlackRock Global Renewable Power platform.

 

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