COMPANY PROFILE

IONITY

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Europe’s leading provider of high-power electric vehicle charging infrastructure along major highways

Munich, GermanyFounded 2017Transportation

Valuation $1–2.5B Last recorded · 2021

Revenue $50–100M Latest reported FY

Headcount 100–500 Current team size

Total funding $500M–1B Disclosed equity funding

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About IONITY

IONITY GmbH is a leading provider of high-power charging infrastructure for electric vehicles (EVs) across Europe. The company operates over 400 charging stations strategically located along major European highways, with an average of six charging points per station. IONITY uses the European Combined Charging System (CCS) standard, ensuring broad compatibility with a wide range of electric vehicles. The charging stations offer a record-setting capacity of up to 350 kW, allowing for rapid charging and minimal downtime for EV drivers.

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IONITY primarily serves electric vehicle owners and operators, providing them with the freedom to travel long distances with confidence. The market it operates in is the rapidly growing electric vehicle sector, which is driven by increasing environmental awareness and regulatory support for sustainable transportation.

The company's business model revolves around charging fees for the use of its high-power charging stations. Revenue is generated through direct payments from EV drivers and potentially through partnerships with automotive manufacturers and other stakeholders in the EV ecosystem.

IONITY's infrastructure is designed to be user-friendly and intuitive, making it accessible even for those new to electric vehicles. The company continues to expand its network, with additional stations under construction to meet the growing demand for EV charging solutions.

Source: Dealroom company data