Mercedes-Benz Group China Ltd. and BMW Brilliance Automotive Ltd. announced the establishment of a 50:50 joint venture in China to operate a high-power charging (HPC) network.
The collaboration seeks to enhance the public charging experience for Chinese customers through premium services.
Both companies will leverage their expertise in global and Chinese charging operations, along with in-depth knowledge of the Chinese new energy vehicle (NEV) market, to offer fast, convenient, reliable, and tailored charging solutions for the Chinese market.
In this way, they plan to install at least 1,000 high-power charging stations nationwide with around 7,000 charging points by the end of 2026, incorporating state-of-the-art charging technologies.
The premium charging network is expected to be operational in 2024 in major NEV regions, with additional stations being installed across the country.
While the premium charging network will be open to the general public, Mercedes-Benz Group and BMW Group customers are expected to enjoy a range of exclusive features, including plug & charge and online reservations for a seamless digital experience.
The joint venture aims to procure electricity from renewable sources, when feasible, to create a sustainable and eco-friendly charging experience.
The agreement is subject to regulatory approval.
