China's market regulator approved a joint venture set up by Mercedes-Benz (China) Investment Limited and BMW Brilliance Automotive Ltd, the State Administration for Market Regulation said in a statement released on Sunday.
German automaker Mercedes-Benz said in November it had reached an agreement with BMW to establish a joint venture for operating a high-power charging network in China.
At least 1,000 high-power charging stations with around 7,000 charging piles in the country are expected to be installed by the end of 2026.
A car bearing the Mercedes insignia
The first stations are scheduled to start operating in 2024 in regions with higher sales of electric vehicles.
Mercedes-Benz announced earlier this year that it would invest billions of euros in building its own charging network of 10,000 fast-charging points in North America, Europe and China by 2030.
Hãy là người đầu tiên bình luận!
Bình luận: