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    Immersive sports and entertainment venue Cosm set to build its 5th location in Cleveland – WKYC

    Cosm Reveals Exciting Vision for Its 5th Immersive Sports and Entertainment Venue in Cleveland

    Monumental Sports & Entertainment’s Samantha Brady on the Power of the RSN’s Direct-to-Consumer Streaming Service Monumental+ – Sports Video Group

    Samantha Brady Reveals How Monumental+ is Transforming Sports Streaming with Direct-to-Consumer Access

    Moses Singer Welcomes Entertainment and Intellectual Property Partner Frederick Bimbler – Yahoo Finance

    Moses Singer Expands Team with New Entertainment and Intellectual Property Partner Frederick Bimbler

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    Longhua District and Max-Matching Entertainments, supported by RWS Global forge strategic partnership to develop international IP-themed entertainment complex – Amusement Today

    Government whip to withdraw Entertainment Complex Bill on July 9 – Nation Thailand

    Government whip to withdraw Entertainment Complex Bill on July 9 – Nation Thailand

    Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

    Magicians and Battlebots Take Las Vegas Entertainment by Storm

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

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    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

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    SMPTE Opens Early Bird Registration for Media Technology Summit – TVTechnology

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    AI and the Trust Revolution: How Technology Is Transforming Human Connections – Foreign Affairs

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BMW and Mercedes-Benz Establish A Joint Venture in China to Build A Supercharging Network

December 1, 2023
in Technology
BMW and Mercedes-Benz Establish A Joint Venture in China to Build A Supercharging Network
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On November 30th, according to official news from BMW Group, BMW Brilliance Automotive Ltd. and Mercedes-Benz (China) Investment Co., Ltd. announced the signing of a cooperation agreement. The two parties will establish a joint venture company in China with a 50:50 equity ratio to operate a supercharging network in the Chinese market, jointly meeting the growing demand of Chinese customers for luxury charging services.

By the end of 2026, the joint venture company plans to build at least 1,000 advanced technology supercharging stations and approximately 7,000 supercharging piles in China. The first batch of charging stations is scheduled to start operating in key new energy vehicle cities in China from 2024, and subsequent charging station construction will also cover other cities and regions nationwide.

The joint venture company’s charging network will be open to the public. According to the plan, customers of BMW Group and Mercedes-Benz Group will enjoy exclusive premium services such as plug-and-charge and online reservations for a seamless digital charging experience. In addition, the joint venture company plans to procure renewable energy electricity when conditions permit, providing sustainable luxury charging experiences for Chinese customers.

SEE ALSO: Svolt, CATL and EVE Energy Win BMW’s Trillion-yuan Battery Order

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