Kia and Audi are among car manufacturers helping to propel the Ionity electric vehicle (EV) charging network to 7,000 units by 2025 thanks to a €700 million (£592m) funding boost.

The two lead investors joined BMW Group, Ford Motor Company, Mercedes-Benz and the wider Hyundai Motor Group and Volkswagen Group to provide the additional funding for Ionity’s network of ultra-fast 350kW charging stations across Europe.

Ionity currently operates more than 400 ultra-fast charging stations featuring 1,500 charging points along European motorways in 24 countries.

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