Mercedes-Benz to launch global charging network

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Mercedes Benz (OTC:DDAIF) announced that they are partnering with EV charging experts like ChargePoint Holdings Inc (NYSE:CHPT) to accomplish plans to launch a global high-power charging network across North America, Europe, China and other key markets.

Construction of the network will begin this year in the U.S. and Canada, followed by other regions around the world with the aim to have the full network in place before the end of the decade, when Mercedes-Benz intends to go all-electric wherever market conditions allow. The Mercedes-Benz charging hubs will be located in key cities and urban population centers, close to major arteries, convenient retail and service destinations, including participating Mercedes-Benz dealership sites.

According to Mercedes-Benz, customers will be able to pre-book a charging station from their car. However, the network will be open and accessible to all brands to encourage rapid uptake of electric vehicles.