BMW and Mercedes-Benz announced that their ultra-fast charging joint venture in China, Yianqi, has welcomed SERES as a new equal investment partner. Through this equity investment, SERES Group's premium brand AITO will support Yianqi's luxury ultra-fast charging infrastructure development. With the addition of the new shareholder, Yianqi will continue leveraging advanced technology and digital services to deliver premium charging experiences, including exclusive benefits for customers of BMW, AITO, and Mercedes-Benz. This three-party collaboration marks a new chapter for the luxury ultra-fast charging network, creating further growth opportunities and expanding customer reach. Each partner will hold a 33.3% stake in the joint venture.

Established in 2024, Yianqi focuses on enhancing China's premium electric mobility experience through a public supercharging network. Its charging stations are prioritized in urban core commercial districts, combining high-efficiency ultra-fast charging capabilities with premium site operations, customer service, and 100% green energy supply to provide convenient, reliable, and sustainable luxury charging.

BMW and Mercedes-Benz welcomed AITO's participation and will work with their partners to explore further opportunities for Yianqi's growth, particularly in expanding network coverage, strategic regional deployment, and service innovation. The cooperation underscores the parties’ shared commitment to building high-quality charging infrastructure and supporting the development of China’s electric mobility sector.

Yianqi’s charging network is designed to offer luxury services to all electric vehicle users. Customers of BMW, AITO, and Mercedes-Benz will enjoy brand-specific privileges beyond standard high-quality services, such as reservation-based charging and priority power allocation.