Accelerating Ionity’s Growth: Automotive Powerhouses

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Ionity’s Ambitious Expansion Supported by Automotive Giants

Ionity, one of Europe’s leading networks for rapid electric vehicle charging, recently unveiled its largest charging facility in Affi, Italy, situated by the picturesque Lake Garda.

This state-of-the-art station is strategically positioned at the intersection of the A22/E45 highways and boasts an impressive array of 18 individual charging bays. These stalls are capable of delivering a formidable power output of up to 350 kilowatts (kW) to accommodate vehicles equipped with advanced 800 Volt battery systems.

Moreover, the charging station operates exclusively on renewable energy sources, ensuring a clean and sustainable charging experience. To further enhance its eco-friendly credentials, the site features a photovoltaic canopy that not only provides shade but also generates solar energy to facilitate charging or meet local power demands. Additionally, customers will enjoy convenient access to a nearby shopping center, enriching their charging experience with a variety of services and amenities.

As of now, Ionity, as per the company’s statement, has a total of 28 operational charging stations in Italy, comprising 172 charging stalls. On average, each station has approximately 6.1 stalls.

Since its establishment in 2017, Ionity has experienced significant growth. By the end of 2022, after approximately five years of operation, the network had expanded to encompass over 450 stations across 24 European countries, boasting more than 2,000 charging stalls in total.

Presently, Ionity reports that the number of stations has reached 481, with a combined total of 2,306 stalls. On average, each station accommodates around 4.8 stalls. Additionally, the company has plans underway for an additional 85 stations that are currently at various stages of construction.

Ionity has set its sights on an ambitious expansion plan, aiming to surpass 1,000 stations and establish a network comprising 7,000 individual chargers by the year 2025.

This goal appears highly promising, primarily due to the robust support the network receives from numerous automotive groups. The joint venture boasts an impressive list of investors, including BMW Group, Ford Motor Company, Hyundai Motor Group (who joined in 2020), Mercedes Benz AG, and Volkswagen Group, which includes Audi and Porsche. Furthermore, in 2021, BlackRock’s Global Renewable Power platform also joined the roster of investors, further solidifying the network’s backing.

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