Home / Business and Economy / Seres Joins BMW-Mercedes JV for EV Charging
Seres Joins BMW-Mercedes JV for EV Charging
17 Apr
Summary
- Automaker Seres becomes an equal shareholder in BMW-Mercedes JV.
- Seres' Aito EV brand will aid in charging infrastructure development.
- The China-based JV is named IONCHI.
- BMW and Mercedes-Benz are the other equal shareholders.
Automaker Seres has become an equal shareholder in a significant joint venture focused on electric vehicle charging infrastructure. This collaboration unites Seres with automotive giants BMW and Mercedes-Benz in their China-based joint entity, IONCHI.
Through this partnership, Seres' electric vehicle brand, Aito, will play a role in advancing the charging infrastructure for the IONCHI joint venture. The agreement solidifies a shared commitment to enhancing EV charging capabilities within the Chinese market.
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