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AITO joins BMW, Mercedes-Benz charging JV in China as equal partner

Electrek

SERES Group’s Huawei-powered AITO brand is joining IONCHI, the premium charging joint venture between BMW and Mercedes-Benz in China, as an equal 33.3% shareholder. The deal restructures what was a 50:50 German partnership into a three-way collaboration with one of China’s fastest-growing luxury EV brands. Read more…

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