Daimler and Geely to develop Smart’s electric cars

Daimler, owner of Mercedes-Benz, has partnered with Chinese automotive group Zhejiang Geely Holding Group to develop Smart’s electric cars. Smart makes small vehicles designed for urban driving and the new joint venture will assemble the next generation of Smart products at a factory in China. International sales are due to begin in 2022. Dieter Zetsche, chairman of the Daimler board, says: “Separately, Mercedes-Benz will produce a compact electric vehicle [EV] at the Hambach plant, sustaining employ
April 9, 2019 Read time: 1 min

2069 Daimler, owner of 1685 Mercedes-Benz, has partnered with Chinese automotive group Zhejiang Geely Holding Group to develop Smart’s electric cars.

Smart makes small vehicles designed for urban driving and the new joint venture will assemble the next generation of Smart products at a factory in China. International sales are due to begin in 2022.  

Dieter Zetsche, chairman of the Daimler board, says: “Separately, Mercedes-Benz will produce a compact electric vehicle [EV] at the Hambach plant, sustaining employment with further investment in the facility.”

Mercedes is investing €500 million at the French location, where the compact EV will be produced under the EQ brand.

In the run-up to 2022, Daimler will continue producing vehicles such as the Smart EQ Fortwo at the Hambach plant, as well as using its Novo Metso facility in Slovenia to produce the smart EQ Forfour.

For more information on companies in this article

Related Content

  • Honda launches electric scooter
    April 17, 2012
    Honda is introducing its new EV-neo electric scooter in Europe. The scooter was launched with a demonstration and short test ride at Honda’s innovative Safety Centre, based at the Montesa Honda factory in Barcelona, Spain. Initially introduced as a concept model at the 2009 Tokyo Motorshow, the EV-neo attracted interest and lease sales of the model started in Japan in April 2011. The scooter is primarily aimed at use by delivery services. However, the EV-neo can also provide for recreational use as well as
    Read More
  • IDTechEX: electric buses will be a US$165 billion market in 2027
    April 27, 2017
    Industrial and commercial electric vehicles will be a similar market to cars but innovating faster and frequently more profitable for all in the value chain. The most important sector is buses, where innovation often comes before cars because they are less price sensitive. A report by IDTechEx Research, Electric Buses 2017-2027, finds that the market for medium and large hybrid and pure electric buses will be over $165 billion in 2027. In this report IDTechEx show how the Chinese are now dominating the leag
    Read More
  • French consortium to build funicular urban transport in Algeria
    December 5, 2014
    French funicular railway group POMA has formed a joint venture between Algiers metro company Entreprise du Métro d’Alger (EMA), and the Algiers urban and suburban transport company Entreprise de Transport Urbain et Suburbain d’Alger (ETUSA). The new company, Entreprise de Transport Algérien par Câbles (ETAC) will design, develop and construct the urban ropeway transportation network in Algeria. Algeria is the largest country in Africa, with a population of 39.21 million. It is also the country with the m
    Read More
  • Why integrated traffic management needs a cohesive approach
    April 10, 2012
    Traffic control is increasingly being viewed as one essential element of a wider ‘system of systems’ – the smart city. Jason Barnes, Jon Masters and David Crawford report on latest ideas and efforts for making cities ‘smarter’ Virtually every element of the fabric and utilitarian operations that make urban areas tick can now be found somewhere in the mix that is the ‘smart city’ agenda. Ideas have expanded and projects pursued in different directions as the rhetoric on making cities ‘smarter’ has grown. App
    Read More

Highlighted Content