IONITY raises €700m to support installation of 5,500 fast charging points by 2025

Cecilia Keating
clock • 2 min read
IONITY was founded in 2017 | Credit: IONITY
Image:

IONITY was founded in 2017 | Credit: IONITY

Firm announces that BlackRock has become its latest investor, delivering a further boost to the charging network operators ambitious expansion plans

Electric vehicle (EV) charging network IONITY has raised €700m from existing shareholders and new investor BlackRock in support of its plans to install thousands more chargepoints across Europe, the company...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Study: EV transition may stall without more affordable charging

Study: EV transition may stall without more affordable charging

Government urged to intervene as new research shows charging sector’s energy bills increased by 79 per cent since 2021

clock 17 September 2025 • 4 min read
Cinch: Used EV sales overtake diesels for first time

Cinch: Used EV sales overtake diesels for first time

New figures from online used car retailer show electric vehicles now account for more car sales than diesels

clock 16 September 2025 • 2 min read
Can EV adoption power through the remaining roadblocks?

Can EV adoption power through the remaining roadblocks?

Electric vehicles now account for more than a quarter of all new car sales in the UK, yet upfront costs, charging accessibility, and misinformation remain major barriers to mass adoption

Michael Holder
clock 15 September 2025 • 9 min read