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
Funding History
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 |
Product Specifications
| 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) |
Partnerships & Investors
BMW GroupJV Shareholder
Founding shareholder and ongoing investor
Mercedes-BenzJV Shareholder
Founding shareholder and ongoing investor
Volkswagen GroupJV Shareholder
Founding shareholder via Audi and Porsche
Hyundai Motor GroupJV Shareholder
Joined as fifth automaker shareholder in 2019 (incl. Kia)
Ford Motor CompanyJV Shareholder
Founding shareholder
BlackRockStrategic Investor
First non-OEM shareholder; led EUR 700M round Nov 2021 via Global Renewable Power Platform
AlpitronicHardware Partner
HYC400 and HYC1000 (1 MW) charger supplier
Key Milestones
2017
JV Founded
BMW, Ford, Mercedes-Benz, and VW Group form pan-European high-power charging joint venture
2019
Hyundai / Kia Join
Hyundai Motor Group becomes fifth automaker shareholder
Nov 2021
EUR 700M Equity Round
BlackRock becomes first non-OEM shareholder; funds expansion to 7,000 charging points by 2025
Nov 2024
690+ Stations / 4,400+ HPC Points
Network covers 24 European countries with sub-150km spacing on key corridors
Feb 2026
First 1,000 kW Megawatt Chargers
Activates first Alpitronic HYC1000 megawatt chargers in Maison-Dieu, France
Mar 2026
Scotland Expansion
Opens 400 kW HPC sites in Fort William and Inverness; UK target 1,000+ points by end-2026
2027
1,000 Stations Target
Plan for 1,000 stations and 9,000 HPC points across Europe by end-2027