Ionity has slashed its ultra-rapid EV charging rates with the launch of new annual plans.

The new Power 365 and Motion 365 plans give 12 months of access to Ionity’s best charging rates – starting at £0.43/kWh – while paying the equivalent of only 10 months of base fees.

For a limited time, subscribers can also nab an additional introductory discount, reducing the base fee by up to 30% compared to monthly subscriptions over the same period.

As part of this launch deal, Ionity offers Power 365 for £86.99 per year with a charging rate of £0.43/kWh and Motion 365 for £45.99 per year at £0.53/kWh to all customers who sign up by 6 November.

From 7 November, the standard annual base fees will apply: £104.99 for Power 365 and £54.99 for Motion 365.

The plans deliver transparent pricing with no hidden costs, no automatic renewals and no unexpected charges. Motion 365 also allows customers to upgrade to Power 365 at any time if charging needs increase.

All subscription customers can also get one of Ionity’s new RFID charging cards free of charge, giving access to Ionity charging points across Europe.

All Ionity plans include access to over 5,000 ultra-rapid Ionity charging points with up to 400kW across 23 European countries.

Jeroen van Tilburg, CEO of Ionity, said: “Peace of mind for drivers isn’t just about charging quickly – it’s about knowing that costs are fixed and transparent.

“With our new annual plans, drivers can focus on their journeys instead of their bills, confident that their charging rates are locked in for 12 months, whatever the road ahead brings.”