Charging Network Planned for China
BMW and Mercedes-Benz partner to establish at least 1,000 high-power charging stations.
Though it will be open to the public, BMW and Mercedes-Benz owners will have access to exclusive features on the network.
IMAGE: Pexels
BMW Brilliance Automotive Ltd and Mercedes-Benz Group China Ltd agreed to establish a joint venture in China to build a high-power charging network and premium charging services to Chinese customers.
The partnership should elevate customer public charging experience, according to a BMW press release.
The JV aims to establish a network of at least 1,000 high-power charging stations with about 7,000 high-power charging piles by the end of 2026. The first are projected to open in 2024 in top new-energy vehicle markets. There are also plans to install more stations across the country.
The network will be open to the public. However, BMW Group and Mercedes-Benz Group customers will have exclusive features, including plug-and-charge and online reservation.
The JV aims to source renewable electricity whenever possible to offer an eco-friendly charging experience, BMW said.
The deal is contingent upon regulatory authorities' approval.
Originally posted on Auto Dealer Today
More Industry
Penske Auto Group Deal a Record
The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.
Read More →
War Toll a Damper on Used Auto Prices
Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
Read More →
Bridge the Maintenance Gap
With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.
Read More →
California Store Has New Owner
The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.
Read More →
BMW Plant Pursues Cleaner Energy
BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.
Read More →
Auto Affordability Inches Up
The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.
Read More →
Ohio Auto Group Under New Ownership
After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.
Read More →
RV Group Expands Carolina Footprint
Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.
Read More →
Agent Acumen
An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.
Read More →
Missed Maintenance Creates Opportunity
As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.
Read More →