Charging Points
5,000+
Target 13,000 by 2030
Stations
684
24 EU countries
Max Power
350 kW
CCS standard
Total Funding
~EUR 1.3B
Equity + debt
Funding History
Total raised: ~EUR 1.3B
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Initial JV Formation | 2017 | — | — | BMW GroupFord Motor CompanyMercedes-BenzVolkswagen Group |
| Hyundai / Kia Join JV | 2019 | — | — | Hyundai Motor Group |
| Equity Round | Nov 2021 | EUR 700M | — | BlackRockBMW GroupMercedes-BenzVolkswagen Group+1 more |
| Debt Facility | 2023 | EUR 600M | — |
Product Specifications
| Feature | Details |
|---|---|
| Network Type | High-power charging (HPC) – open to all EVs |
| Max Power | Up to 350 kW per connector (CCS) |
| Stations | 684 stations across 24 EU countries |
| Charging Points | 5,000+ |
| Amenities | Canopy-covered, highway-adjacent, retail-partnered |
| Payment | App, RFID, contactless, Plug&Charge |
Partnerships & Investors
BMW GroupJV Shareholder
Founding shareholder and ongoing investor
Mercedes-BenzJV Shareholder
Founding shareholder and ongoing investor
Volkswagen GroupJV Shareholder
Founding shareholder and ongoing investor
Hyundai Motor GroupJV Shareholder
Joined as fifth shareholder in 2019
BlackRockStrategic Investor
Led EUR 700M equity round in Nov 2021
Ford Motor CompanyJV Shareholder
Founding shareholder
Key Milestones
2017
JV Founded
BMW, Ford, Mercedes-Benz, and VW form pan-European charging joint venture
2019
Hyundai / Kia Join
Hyundai Motor Group becomes fifth shareholder
Nov 2021
EUR 700M Equity Round
BlackRock leads major equity investment to fund network expansion
2023
EUR 600M Debt Facility
Secures debt financing to accelerate station buildout across Europe
2024
5,000+ Charging Points
Surpasses 5,000 high-power charging points across 24 European countries
2030
13,000 Points Target
Planned expansion to 13,000 high-power charging points