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AITO Joins BMW, Mercedes-Benz Charging JV in China as Equal Partner

Summary by 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. The move signals a significant shift in China’s EV charging landscape, where German and Chinese automakers are now directly collaborating on …

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European Business Magazine broke the news on Tuesday, April 21, 2026.
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