AITO joins BMW and Mercedes-Benz as equal partner in China’s IONCHI charging network

IONCHI, the premium high-power charging joint venture established by BMW and Mercedes-Benz in China in 2024, has announced that SERES Group will join as an equal shareholder. Through the investment, SERES’ premium brand AITO becomes part of the three-party network, giving BMW, Mercedes-Benz and SERES each a 33.3% stake. The transaction is subject to regulatory... Read more »