Menu

Search

  |   Business

Menu

  |   Business

Search

Mercedes-Benz, BMW Partner to Launch 1,000 EV Charging Stations in China by 2026

Mercedes-Benz and BMW's joint EV charging stations rapidly expanding across China.

Mercedes-Benz and Bayerische Motoren Werke AG (BMW) have come together to build a charging network for electric vehicles in China. The German luxury car manufacturers said they are aiming to put up at least 1,000 high-power EV charging stations in the country by the end of 2026.

Mercedes-Benz and BMW added that the charging stations will have about 7,000 charging piles, and the first batch of hubs are already coming next year in some regions. From there, the partners will open more until the charging hubs become available nationwide. The companies’ joint venture promised to provide fast, convenient, and reliable charging solutions to owners of EVs.

Positioning in China’s Fast-Growing EV Charging Market

The car makers revealed they are jointly building the charging stations in China as they would like to secure their position early in the country’s EV charging industry. With this plan, the companies are more likely to harvest the rewards as the charging business is starting to take off in the region and is predicted to become a bigger market in the future.

According to the South China Morning Post, Mercedes-Benz and BMW’s JV will provide Chinese owners of EVs with premium charging services through the high-power charging network that they are planning to establish.

“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 automakers jointly said in a statement.

Sustainable Eco-Friendly EV Charging Hubs

China Daily reported that wherever possible, Mercedes-Benz and BMW will source the electricity needed for the EV chargers from renewable sources. This effort to go “green” comes as more Chinese locals opt for electric cars, meaning more energy consumption.

Photo by: Victor Sutty/Unsplash

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.