Seres to join BMW, Mercedes-Benz as equal shareholder of China JV

Bayerische Motoren Werke AG

17/04/2026 08:47

BEIJING, April 17 (Reuters) - Automaker Seres 601127.SS said on Friday that it will join the fast-charging Chinese joint venture between BMW BMWG.DE and  Mercedes-Benz as an equal shareholder.

Seres' electric vehicle brand Aito will support development of the China JV IONCHI's charging infrastructure, according to a statement.

 (Reporting by Beijing newsroom; Editing by Himani Sarkar)

 ((qiaoyi.li@thomsonreuters.com;))