HYUNDAI ON BOARD


IONITY WELCOMES NEW SHAREHOLDER HYUNDAI MOTOR GROUP ON BOARD

MUNICH, 09.09.2019 – IONITY, the joint venture between BMW Group, Ford

Motor Company, Daimler AG, and the Volkswagen Group with Porsche AG,

today welcomes new shareholder Hyundai Motor Group on board –

accelerating IONITY’s mission to make long distance EV travel across Europe a

reality.


Since its foundation in November 2017, IONITY’s core mission has been to

establish and operate a High-Power Charging Network along the main highways

in Europe. IONITY facilitates long distance EV travel and makes it an everyday

reality for everyone.

IONITY is delighted to welcome onboard Hyundai Motor Group as their latest

strategic partner in the joint venture. Hyundai Motor Group which includes the

Hyundai and Kia brands will be joining existing partners BMW Group, Daimler

AG, Ford Motor Company and the Volkswagen Group with Porsche AG - further

strengthening IONITY.