Hyundai Motor Invests in IONITY to Democratize High-Power EV Charging Network
· Hyundai joins IONITY in cooperation with founding partners BMW Group, Daimler AG, Ford Motor Company and the Volkswagen Group with Porsche AG · The investment to enable EVs with 800 V to reduce charging time significantly by a charging capacity of up to 350 kW · The commitment to electrification of the European transport sector relies on international cooperation across the automotive industryHyundai Motor Company alongside Kia Motors Corporation today announced its investment into IONITY, a joint venture established by global automakers. Under the agreement Hyundai and Kia,