Hyundai, Kia join Ionity EV charging network
By Arjen Bongard2019-09-12T13:38:00
Hyundai and its sister company Kia are joining Ionity, a growing automaker initiative to build and operate a network of 400 electric-vehicle charging stations across Europe by 2020.
Hyundai and its sister company Kia are joining Ionity, a growing automaker initiative to build and operate a network of 400 electric-vehicle charging stations across Europe by 2020. Ionity was founded by BMW, Daimler, Ford Motor and the Volkswagen Group in 2017 to speed up the development of Europe’s lagging charging infrastructure. The company now operates nearly 140 charging stations in Europe. The absence of a sufficient number of charging stations is seen as one of the major barriers to the wider adoption of electric vehicles. McKinsey, in a recent report, estimates that roughly 400,000 charge points are needed to accommodate the 2 million EVs automakers want to sell in Europe in coming years.