Recently, the BMW Group and Mercedes-Benz (China) Investment*** announced the establishment of a joint venture in China to jointly build a supercharging network. This move marks a further collaboration between the two auto giants in the field of new energy to promote the development of China's electric vehicle market.
According to the cooperation agreement, BMW Brilliance Automotive*** and Mercedes-Benz (China) Investment*** will establish a 50:50 joint venture. The main mission of the joint venture is to operate a supercharging network in the Chinese market, with the aim of providing more convenient and faster charging services for electric vehicle users.
By the end of 2026, the joint venture plans to build at least 1,000 state-of-the-art supercharging stations and about 7,000 supercharging piles in China. These charging stations will cover major cities and regions across the country, providing more convenient charging services for electric vehicle users. The first charging stations are scheduled to start operating in China's key NEV cities from 2024.
This cooperation is an important cooperation between BMW and Mercedes-Benz in the field of new energy. As one of the world's largest automotive markets, China's new energy vehicle market is gradually emerging. The partnership between the two automotive giants will help drive the growth of China's EV market, while also improving the coverage and convenience of EV charging infrastructure.
For BMW and Mercedes-Benz, this cooperation will not only help improve the competitiveness of their respective brands in the new energy market, but also promote the cooperation between the two brands on a global scale. By working together to build a supercharging network, the two brands will further promote the adoption and development of electric vehicles, while also improving the environmental image of their respective brands.
This cooperation is also of great significance for the development of China's electric vehicle market. With the continuous progress of new energy vehicle technology and the strengthening of policy support, the scale of China's electric vehicle market is expected to continue to expand. The cooperation between BMW and Mercedes-Benz will further promote the development of China's electric vehicle market and promote the improvement and upgrading of the new energy vehicle industry chain.
In conclusion, the cooperation between BMW and Mercedes-Benz is a major milestone in the development of China's electric vehicle market. By jointly building a supercharging network, the two auto giants will provide more convenient and faster charging services for Chinese EV users, while also promoting the further development of China's EV market. (Data support: Tianyancha).