Kia Motors and parent Hyundai Motor have joined other automakers who have invested in the Ionity joint venture to boost availability of EV charging stations.
The automakers said decision to join this network will provide enhanced benefits for both brands' European customers.
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Starting in 2021, Kia and Hyundai EVs will have 800 volt charging systems to accommodate Ionity's maximum charging power of 350 kilowatts.
Customers will be able to use Ionity's HPC facilities, which are equipped with digital payment options, to significantly reduce charging times and better facilitate long distance travel.
Ionity was established in 2017 by BMW Group, Daimler, Ford and Volkswagen Group with Porsche.
Since its formation, it has 140 charging stations in Europe in operation with 50 more under construction.
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By GlobalDataIts technology offers a charging capacity of up to 350 kilowatts, its use of the universal charging standard Combined Charging System ensures the widest possible compatibility across EVs.
Ionity is expanding its network to 400 fast charging stations by 2020, with an average of at least one site every 120km along major European highways.
Its European distribution and brand-agnostic approach will significantly improve the image and accessibility of electric vehicles for both current EV users and prospective buyers.
"Hyundai Motor Group brings significant international experience and know-how with a full strategic commitment to electromobility. The participation of new investors in Ionity is a clear signal of trust indicating that the work of our young company is already bearing fruit," said Ionity CEO Michael Hajesch.
The Group will obtain equal shares in Ionity as those of founding partners, BMW Group, Daimler AG, Ford Motor Company, and the Porsche AG.
