Kia Motors alongside Hyundai Motor Company is to invest in the European electric vehicle charging network IONITY. It joins the founding partners BMW, Daimler AG, Ford Motor Company and VW Group with Porsche AG.
Hyundai says its customers will benefit from being able to use IONITY’s HPC facilities across Europe.
Ionity is a joint venture stablished in 2917 that now has over 14 charging stations in Europe with 5 more under contruction.
IONITY’s CEO says: “Hyundai Motor Group brings signifcant international experience and know-how with a full strategic commitment to electromobility. The participation of new investors in IONITY is a clear signal of trust indicating thast the work of our young company is already bearing fruit.”
Thomas Schemera, Exective Vice President and Head of Product Division at Hyundai Motor Group, adds: “I am confident that our work with IONITY will open a new era of high power charging experiences, where charging will be seamless and easier than refueling for our customers.”
Hyundai says it plans to deploy 44 eco-friendly models by 2025.