Hyundai Motor Group has become the latest shareholder to join the Ionity joint venture, helping to drive expansion of the fast-charging network across Europe.

Ionity already has more than 400 fast charging stations along major European highways

Ionity was founded in 2017 and is a joint venture by BMW Group, Mercedes-Benz AG, Ford, the Volkswagen Group – and now Hyundai Motor Group.

The network is based on the European CCS charging standard and already has more than 400 charging stations along major European highways, providing fast charging of up to 350kW and backed by 100% renewable energy.

Hyundai Motor Group said its participation in Ionity would drive the expansion of the network further, promoting increased adoption of zero-emission mobility.

“For Kia and Hyundai, product and customer experience is closely related to convenience and real benefits. By investing in Ionity, we are now part of one of the most comprehensive charging infrastructure networks in Europe,” said Thomas Schemera, executive vice president and head of product division at Hyundai Motor Group. “We are committed to providing holistic solutions to make it easier than ever for people to make the switch to eco-mobility.”