IONITY to Expand Charging Infrastructure with EUR 50 Million Investment from KfW IPEX-Bank, Supporting the Transition to Electric Mobility

IONITY to Expand Charging Infrastructure with EUR 50 Million Investment from KfW IPEX-Bank, Supporting the Transition to Electric Mobility

(IN BRIEF) KfW IPEX-Bank has provided EUR 50 million to IONITY to support the expansion of its High Power Charging network across Europe. This investment will enhance IONITY’s infrastructure, particularly in Germany, France, Sweden, and the UK, by improving charging stations on highways and urban hubs. IONITY’s network, offering 100% renewable energy and charging speeds of up to 400 kW, serves electric vehicles of all brands. With this funding, IONITY aims to further its role as a leader in Europe’s ultra-fast charging network, contributing to the decarbonization of the mobility sector.

(PRESS RELEASE) FRANKFURT, 16-May-2025 — /EuropaWire/ — KfW IPEX-Bank is providing a EUR 50 million loan to IONITY, a prominent operator of High Power Charging (HPC) networks for electric vehicles. The funding is intended to facilitate the next stage of IONITY’s expansion, focusing on boosting the availability of charging stations along major highways and in urban hubs, particularly in countries like Germany, France, Sweden, and the UK. IONITY’s network is notable for offering 100% renewable energy to power its entire system.

Aida Welker, Member of the Management Board at KfW IPEX-Bank, stressed the importance of a cross-border charging network in supporting the global shift to electric mobility. “A seamless, borderless charging network is vital for the widespread adoption of electric vehicles. We are proud to contribute to IONITY’s efforts to strengthen its infrastructure in Germany and other European countries, playing a part in the decarbonization of the transportation sector,” said Welker.

IONITY, a collaboration between leading automakers including BMW Group, Ford Motor Company, Hyundai Motor Group, Mercedes-Benz AG, Kia, and Volkswagen Group (along with Audi and Porsche), is also backed by BlackRock’s Climate Infrastructure Platform as a financial investor. Currently, IONITY leads the European market in ultra-fast charging, with over 5,000 charging points at 750 locations across 24 European nations. The company provides up to 400 kW of charging power, making it accessible for all EV brands.

Media contact:

Mrs. Antje Schlagenhaufer
KfW IPEX-Bank Press Office
+49 69 7431-4009
antje.schlagenhaufer@kfw.de

SOURCE: KfW Entwicklungsbank GmbH