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

  • ChargePoint secures additional funding led by Siemens
    July 3, 2017
    Electric vehicle (EV) charging network supplier ChargePoint has secured an additional US$43 million in funding, led by Siemens, closing the US company’s latest funding round at US$125 million. The company had earlier secured US$82 million in its Series G round of US$82 million, led by Daimler.
    Read More
  • Tampa uses Hyundai vehicles in CV pilot
    June 16, 2020
    Demo of the tech in action on roads is expected in September
    Read More
  • Cost Benefit: Utah traffic light scheme pays dividends
    March 15, 2019
    A traffic signal control scheme in Utah is being taken up by other US authorities. David Crawford finds out how the Beehive State is leading the way in DoT and driver savings Growing numbers of US state departments of transportation (DoTs) and their road users are gaining real financial benefits from an advanced approach to traffic signal monitoring recently developed in Utah. Central to the system is its use of automated traffic signal performance measures (ATSPM) technology, brought in to improve th
    Read More
  • IBTTA: industry must commit to trust and accountability
    August 23, 2018
    Without a commitment to trust and accountability, the modern road tolling industry would not have the bedrock which it requires – and which customers demand, says IBTTA’s Bill Cramer When Tim Stewart, executive director of Colorado’s E-470 Public Highway Authority, settled on ‘trust and accountability’ as the themes for his year as IBTTA president, it was a very deliberate choice. Stewart was looking for language that would help deliver the global tolling industry’s message of service excellence to cust
    Read More

Highlighted Content