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Mercedes-Benz, BMW Ink Agreement to Form JV for Running CN EV Charging Network
German automaker Mercedes-Benz said it reached an agreement with BMW on a joint venture to operate a high-power vehicle charging network in China.Mercedes-Benz said in a statement ...
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German automaker Mercedes-Benz said it reached an agreement with BMW on a joint venture to operate a high-power vehicle charging network in China.

Mercedes-Benz said in a statement that it will set up at least 1,000 high-power charging stations in China by the end of 2026, with a total of about 7,000 charging piles. The first charging stations are planned to start operating next year and will be located in areas with high EV sales. The plan is subject to regulatory approval.

Related NewsPPI MoM for Dec in United States is 0.2%, lower than the previous value of 0.4%. The forecast was 0.3%.
Mercedes-Benz said this year that it plans to invest EUR1 billion in its own charging network and set up 10,000 charging points in North America, Europe and China by 2030.

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