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Stations
850+
~50 under construction
Charging Points
6,000+
Target 9,000 by 2027
Country Coverage
24
European countries
Max Power
1 MW
First megawatt site live Feb 2026
Total raised: ~EUR 1.3B
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Initial JV Formation | 2017 | - | - | BMW GroupFord Motor CompanyMercedes-BenzVolkswagen Group (Audi/Porsche) |
| Hyundai / Kia Join JV | 2019 | - | - | Hyundai Motor Group |
| Equity Round | Nov 2021 | EUR 700M | - | BlackRock Global Renewable Power PlatformBMW GroupMercedes-BenzVolkswagen Group+2 more |
| Feature | Details |
|---|---|
| Network Type | High-power charging (HPC) – open to all EVs (CCS-2) |
| Max Power | Up to 350 kW per connector; 1,000 kW (1 MW) sites going live in 2026 |
| Stations | 850+ sites across 24 European countries; ~50 under construction |
| Charging Points | 6,000+ |
| Amenities | Canopy-covered, highway-adjacent, retail-partnered (Tank&Rast, Aral pulse, etc.) |
| Payment | App, RFID, contactless, Plug&Charge (ISO 15118) |
Founding shareholder and ongoing investor
Founding shareholder and ongoing investor
Founding shareholder via Audi and Porsche
Joined as fifth automaker shareholder in 2019 (incl. Kia)
Founding shareholder
First non-OEM shareholder; led EUR 700M round Nov 2021 via Global Renewable Power Platform
HYC400 and HYC1000 (1 MW) charger supplier
BMW, Ford, Mercedes-Benz, and VW Group form pan-European high-power charging joint venture
Hyundai Motor Group becomes fifth automaker shareholder
BlackRock becomes first non-OEM shareholder; funds expansion to 7,000 charging points by 2025
Network covers 24 European countries with sub-150km spacing on key corridors
Activates first Alpitronic HYC1000 megawatt chargers in Maison-Dieu, France
Opens 400 kW HPC sites in Fort William and Inverness; UK target 1,000+ points by end-2026
Plan for 1,000 stations and 9,000 HPC points across Europe by end-2027
Operates a pan-European ultra-fast charging network delivering 350 kW+ at premium highway locations. Over 600 stations across 24 European countries, backed by BMW, Mercedes, Ford, VW, and Hyundai. Targeting 17,000+ charge points by 2030 to become the backbone of long-distance EV travel across Europe. IONITY was founded in 2017, is headquartered in Munich, Germany and employs ~350.
IONITY has raised ~EUR 1.3B in total, based on the funding rounds Sterling tracks.
Sterling groups IONITY in the Charging sector, alongside Tesla Supercharger (TSLA), ChargePoint (CHPT), EVgo (EVGO), Blink Charging (BLNK), Electrify America (private) and Fastned (FAST.AS).
If you are researching IONITY, also look at Tesla Supercharger (TSLA), ChargePoint (CHPT) and EVgo (EVGO). You can compare all of them side by side or browse the full Charging sector on Sterling.
