Jointly Pushing Forward Premium E-Mobility Experience: BMW and Mercedes-Benz to Establish a Joint High-Power Charging Network in China

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Beijing. BMW Brilliance Automotive Ltd. and
Mercedes-Benz Group China Ltd. announced today that they had reached
an agreement to establish a 50:50 joint venture in China to operate a
high-power charging network and to provide Chinese customers with
premium charging services.

Both BMW and Mercedes-Benz will apply the expertise gained from
global and Chinese charging operations, as well as the in-depth
understanding of the Chinese new energy vehicle (NEV) market, to
deliver fast, convenient, reliable, and tailor-made charging solutions
for the Chinese market. The cooperation is intended to elevate
customer public charging experience.

The joint venture aims to establish a network of at least 1,000
high-power charging stations with around 7,000 high-power charging
piles by the end of 2026, adopting state-of-the-art charging
technologies. The first stations are expected to open for business in
2024 in top NEV regions, with further stations to be installed nationwide.

The premium charging network will be open to the broader public,
while it is intended that customers of BMW Group and Mercedes-Benz
Group will be able to enjoy a series of exclusive features, such as
plug & charge and online reservation for a seamless digital
experience. The joint venture intends to procure electricity generated
from renewable sources, where conditions allow, to create a
sustainable and eco-friendly charging experience.

The deal is subject to approval by regulatory authorities.

If you have any questions, please contact:

 

BMW Group Corporate Communications

Sebastian Kessler, Spokesperson Charging Infrastructure, Politics

Telephone: +49 89 382-21616

Email: sebastian.ke.kessler@bmwgroup.de

Media website: www.press.bmwgroup.com

Email: presse@bmwgroup.com

Mercedes-Benz Mobility Communications

Barbara Münzinger, Spokesperson Corporate Communications &
Charging Ecosystem Mobile: +49 176 30923153

E-Mail: barbara.muenzinger@mercedes-benz.com

The BMW Group

With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW
Group is the world’s leading premium manufacturer of automobiles and
motorcycles and also provides premium financial and mobility services.
The BMW Group production network comprises over 30 production sites
worldwide; the company has a global sales network in more than 140 countries.

In 2022, the BMW Group sold nearly 2.4 million passenger vehicles and
more than 202,000 motorcycles worldwide. The profit before tax in the
financial year 2022 was € 23.5 billion on revenues amounting to
€ 142.6 billion. As of 31 December 2022, the BMW Group had a workforce
of 149,475 employees.

The success of the BMW Group has always been based on long-term
thinking and responsible action. The company set the course for the
future at an early stage and consistently makes sustainability and
efficient resource management central to its strategic direction, from
the supply chain through production to the end of the use phase of all products.

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