Fuelling IONITY’s European EV Future with €600 Investment
In a historic stride for sustainable mobility, IONITY has clinched a record-setting €600 million in financing, marking the largest green loan ever secured in the European electric vehicle (EV) charging sector.
The deal includes €450 million in committed green loan facilities and an optional €150 million accordion feature for future expansion. It’s more than just a financial milestone—it’s a robust vote of confidence from the financial sector and a clear signal that IONITY is setting the pace for Europe’s EV infrastructure revolution.
IONITY’s mission? To build the backbone of tomorrow’s high-power charging network and pave the way for mass EV adoption across the continent.
Investing in Speed, Scale and Smart Infrastructure
Armed with fresh capital, IONITY is setting its sights on an ambitious expansion plan. The company currently operates more than 5,000 ultra-fast charging points, but by 2030, it aims to have over 13,000 spread across 1,300 locations. These chargers are no ordinary plugs—they’re cutting-edge powerhouses capable of delivering a minimum of 350 kW, with newer systems like the Alpitronic HYC1000 pushing up to 600 kW. That kind of output can give an EV an extra 300 kilometres of range in under 15 minutes.
IONITY’s entire network supports 800V vehicle architectures, placing it well ahead of the curve and ensuring full compatibility with next-gen electric models. As Europe marches toward a zero-emissions future, this level of readiness is not just commendable—it’s essential.
All Roads Lead to Reliability
IONITY’s strategy hinges on more than speed. It’s about reliability, accessibility and a user experience that fits effortlessly into people’s lives. The charging network is being expanded not just along highways, but into key urban areas as well. Whether you’re on a cross-country journey or charging up while grabbing a coffee in town, IONITY wants to be the plug that’s always there.
The company is also partnering with household hospitality names such as Starbucks, Circle K, L’Osteria, and Village Hotels. These alliances transform charging stations into convenient pit stops, making EV travel far more appealing for the everyday motorist.
Market Trust at an All-Time High
The scale of this financing is testament to the strength of IONITY’s business model. A powerhouse syndicate of nine top-tier international banks—including ABN AMRO, BNP Paribas, Crédit Agricole, ING, KfW IPEX-Bank, MUFG, NordLB, and Rabobank—came together to back the deal. BNP Paribas served as both financial advisor and Mandated Lead Arranger.
Séverine Mateo, Global Head of Low Carbon Transition Group at BNP Paribas, underlined the strategic nature of the investment: “This financing… demonstrates IONITY’s European leadership, and its global commercial reach for EV charging.”
Legal guidance for the transaction was provided by Clifford Chance on behalf of the lenders and A&O Shearman for IONITY.
Strategic Shareholder Muscle
IONITY’s ownership is another feather in its cap. Founded in 2017, the company is backed by an all-star lineup of automakers—BMW Group, Ford, Hyundai, Kia, Mercedes-Benz, Volkswagen Group (including Audi and Porsche)—and infrastructure heavyweight BlackRock.
Christian Wiehenbrauk, Vice President Product Strategy at Porsche AG and current chairperson of the IONITY shareholder committee, reaffirmed the consortium’s commitment: “With the new financing, IONITY is accelerating its growth and reinforcing its position as a European leader, realising its strategic vision.”
This isn’t just funding. It’s a collective push by automotive giants and financial institutions to build a pan-European network that keeps pace with innovation, demand and environmental goals.
Fueling the Transition
One of the standout contributors in this deal is KfW IPEX-Bank, which allocated €50 million to support IONITY’s expansion. The German development finance institution plays a pivotal role in financing technologies of the future, and IONITY fits the bill perfectly.
Aida Welker, Member of the Management Board of KfW IPEX-Bank, underscored the significance: “A well-developed charging infrastructure independent of national borders is the basis for the comprehensive electrification of cars.”
KfW IPEX-Bank’s involvement demonstrates a strong alignment with the bank’s mission to drive decarbonisation through infrastructure development. With expertise in structuring large-scale financing deals and leveraging partnerships across borders, it’s a key enabler for sustainable transformation.
Green Credentials and Consumer Confidence
Beyond speed and access, IONITY delivers on sustainability. Every electron flowing through its chargers is sourced from 100% renewable energy. That means drivers aren’t just ditching petrol—they’re genuinely cutting carbon.
IONITY also goes the extra mile by testing new hardware and software at its dedicated centre near Munich, ensuring that every charging session is seamless, regardless of vehicle make or model. Add to that a sleek mobile app and intuitive interface, and you’ve got a system that works for both tech enthusiasts and first-time EV owners.
Europe’s Electric Highway
With over 700 high-quality sites already in operation, IONITY is well on the way to fulfilling the EU’s ambitious EV targets—30 million electric vehicles on the road by 2030. The funding injection is perfectly timed to scale up operations in high-demand regions like Germany, France, Sweden and the UK, making ultra-fast charging the new norm.
Torsten Kiedel, CFO of IONITY, summed it up best: “Our mission is clear: to power seamless electric journeys and create lasting value for the economy, society, and the environment.”
Driving the Future Forward
IONITY isn’t just laying down cables and bolting up chargers. It’s reshaping the entire EV landscape. By securing €600 million and partnering with some of the most influential names in finance and automotive, the company is creating a network that’s ready for what’s next—whether that’s a rapid rise in EV ownership or new electric models that push the limits of performance.
As cities grow smarter and roads become cleaner, IONITY is proving that infrastructure can keep up. In fact, it can lead the charge.
