Ionity lands €700 million investment from BlackRock, automakers to expand EV fast-charging network

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Ionity, an electric vehicle fast-charging charging network provider whose owners include Daimler AG and Volkswagen Group, has scored a €700 million ($783 million) investment from BlackRock Global and existing shareholders to expand its footprint across Europe. The company, which was founded in 2017, installs ultra-high speed EV charging stations. It was launched as a joint venture between a coalition of…
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