European EV charging network IONITY hikes price by 500%

Image Credit: freepik.com

Electrek reports:

IONITY, a European EV charging network owned by BMW, Daimler, Ford, Hyundai, Kia, and VW Group (with Audi and Porsche) has announced that prices will be going up over 500% starting January 31 as they transition to a pay-per-kWh system.

Previously, IONITY charged a flat, fixed rate of €8 for a DCFC charging session. This was a good deal if you showed up with an empty battery and filled most of the way. If you arrived with, say, 10% battery remaining, and added 60 kWh during your charging session, then you’d get away with paying about €0.13 per kWh. For context, in France, electricity costs about €0.19 per kWh at home, and €0.24 per kWh at Tesla Superchargers. In Germany, you pay €0.30 per kWh at home, and €0.33 at Tesla Superchargers in Germany.

Starting next month, however, IONITY will be charging users a whopping €0.79 per kWh. (PDF press release). The Audi e-Tron battery is 95 kWh, so if you “filled it up” with 80 kWh, that’s €63.20 to travel probably about 160 miles, or £0.33/mile give or take. Terribly expensive.

HT @novakglobal

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February 5, 2020 at 08:09AM

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