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VW and BMW’s car-charging venture plots Europe expansion Source: By Elisabeth Behrmann and William Wilkes, Bloomberg • Posted: Wednesday, March 3, 2021 A venture formed by Volkswagen AG, BMW AG and other automakers is in talks to substantially expand its European electric-car charging network to keep pace with rising sales of battery-powered vehicles. The manufacturers are considering additional funding for their Ionity GmbH consortium, which has been building out fast-charging points along European highways since 2017, emulating Tesla Inc.’s Supercharger network. After EV sales tripled in the region last year, the companies fear long lines at charging points could put off potential buyers.

Michael hajeschIonity gmbMarcus kleinfeldMarkus duesmannOliver zipseHenrik thieleHyundai motor groupHyundai motor coEuropean unionFord motor coTesla incIonity gmbhExecutive officer michael hajeschFord motorHyundai motorமார்கஸ் க்ளீன்ஃபெல்ட்