BMW Brilliance subsidiary of the Bavarian company of China Mercedes-Benz announcing their intention to cooperate of the Asian giant to build an important network of charging points fast. The deal, which is still subject to regulatory approval, will provide an increase of create a joint venture where the share distribution will be 50%.
Although the synergies between the two brands as opposites seem to be unusual, BMW y Mercedes it already has collaboration agreements with others in Europe to develop the IONITY network and also in the United States. The common goal of the two German manufacturers is to install at least 1,000 charging stations before the end of 2026, which means installing around. 7,000 new fast charging points for that date on Chinese roads.
Both companies announced their intentions in their press releases: Initially, they will focus on “key cities” with the highest sales on electric vehicles starting in 2024. Later, they will cover many cities and regions of the Asian country, with more than 2.5 million public charging points.
There in China NIO and Tesla are the manufacturers that have many of their own charging points. In the case of the first, they also include battery exchange stations, as well as charging points open to other brands. The North American brand, for its part, began to gradually open its Superchargers in favor of electric cars from other brands.
BMW one of the contracting parties of this new agreement with Mercedes, has its own program launch point recharging, with stations still supplying powers of up to 600 kW in at least nine Chinese cities. The global ‘BMW Charging’ program consists of more than 600,000 charging points worldwide: 466,000 are in Europe, of which 10,000 are in our country, in Spain.
BMW, GM, Honda, Hyundai-Kia, Mercedes-Benz and Stellantis join forces to develop fast charging network for electric vehicles in North America
For its part, Mercedes is not left behind in this regard, although it is much smaller in this segment. It has started to launch its Mercedes-Benz Charging Hubs stations, initially only in Atlanta (United States), Mannheim (Germany) and Chegdu (China). The star brand’s goals are to achieve a global charging network of more than 2,000 high-power charging points by 2024 and 10,000 of these points by the end of this decade.
All this, of course, without counting the recent agreement signed between the two German giants, which continues their expansion plans in China.