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Hyundai Motor Group joins Ionity network as shareholder

A Kia Soul electric vehicle (EV) at an Ionity charge point station

Hyundai Motor Group has become a shareholder and strategic partner of manufacturer led electric vehicle (EV) charging network Ionity.

The joint BMW Group, Mercedes-Benz, Ford Motor Company, and Volkswagen Group joint venture builds and operates a network of high-powered EV charging stations across Europe.

Through its participation in this joint venture, Hyundai Motor Group – including Kia and Hyundai brands – will drive the expansion of the high-power charging network along Europe's highways, promoting the further 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.”

The Ionity charging network uses the European CCS (Combined Charging System) charging standard. Since the network uses 100% renewable energy, drivers of electric vehicles are not only able to travel emission-free, but also CO2-neutral. This is an important step when it comes to making electric mobility a success in Europe.

“With the addition of Hyundai Motor Group, we welcome aboard a committed partner with international experience in the field of electric mobility,” added Michael Hajesch, CEO of Ionity. “From today, we will jointly pursue the goal of educating people about e-mobility and promoting innovations in this area in order to make traveling with electric vehicles the new normal, especially on long journeys.”

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