The financing will enable Ionity to advance charging infrastructure to support mass EV adoption in Europe, accelerating the continent’s shift to sustainable mobility. Ionity is focusing on highways and urban hubs to address the growing demand for convenient and reliable high-power charging. The company currently operates over 5,000 charging points and is aiming to more than double that number to approximately 13,000, increasing its charging locations to more than 1,300 by the end of 2030.
Ionity chargers provide a minimum of 350 kW, enabling up to 300 kilometres of range in just 10-15 minutes. The company ensures full compatibility across all EV models by rigorously validating new hardware and software at its dedicated test centre near Munich. It is currently investing in the expansion and enhancement of its ultra-fast network across 24 European countries, aiming to support mass market adoption and strengthening the future competitiveness of the European mobility industry.
“This financing marks a major milestone - not just for Ionity, but for Europe’s transition to clean, sustainable mobility” said Torsten Kiedel, CFO of Ionity. “From day one, we’ve proactively built a truly European high-power charging network ─ without compromising on speed, reliability, or convenience. Now, we’re scaling faster than ever to build the backbone of tomorrow’s sustainable mobility infrastructure and bring ultra-fast charging to everyday destinations. Our mission is clear: to power seamless electric journeys and create lasting value for the economy, society, and the environment.”
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