SERES Joins IONCHI JV with BMW and Mercedes-Benz to Expand Premium High-Power Charging in China
SERES Group’s brand AITO will become an equal shareholder in IONCHI, the high-power charging joint venture between BMW and Mercedes-Benz, to develop premium charging infrastructure in China.
- 33.3% each
What Happened
IONCHI, the joint venture between BMW and Mercedes-Benz focused on high-power charging services, announced that SERES Group will join as an equal shareholder. Through this investment, SERES’ premium brand AITO will support the development of IONCHI’s charging network. The three parties will each hold a 33.3% stake in the joint venture, which aims to provide premium charging services to all eligible electric vehicle customers while offering exclusive experiences to BMW, AITO, and Mercedes-Benz owners.
BMW and Mercedes-Benz establish IONCHI in China to build a premium high-power charging network.
SERES Group joins as equal shareholder, adding its AITO brand to the partnership.
33.3% each
Each of the three partners—BMW, Mercedes-Benz, and SERES—holds an equal stake in the joint venture.
- Online reservation
- Priority power allocation
Why this matters
The partnership expands the availability of high-power charging stations in China, offering exclusive benefits to customers of BMW, AITO, and Mercedes-Benz while supporting the growth of electric mobility.
Terms in This Story
- IONCHI
- A joint venture between BMW and Mercedes-Benz focused on high-power charging services in China.
- AITO
- Premium electric vehicle brand under the SERES Group.
- High-power charging
- Ultra-fast charging technology that provides significant range in a short time.
Summarised from the linked release; details can be imperfect — always verify against the original source.