Skip to main content

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

  • Vitronic Group sold to Itis Holding
    May 23, 2024
    Itis, owned by investment firm PPF Group, will put in €50m upon "formal completion"
  • Asecap: get ready to rethink everything you know
    November 15, 2022
    How can we make our infrastructure ready for new sustainability challenges? What kind of investments are needed? And who will finance them? Tolling association Asecap has some thoughts. Geoff Hadwick reports from Lisbon
  • ParkMobile and Reach Now to develop smart mobility solutions
    June 19, 2019
    ParkMobile has joined forces with BMW subsidiary Reach Now to build integrated smart city solutions aimed at improving parking, transit and multimodal transportation. Users could pay for parking in a transit lot via the ParkMobile app and then use Reach Now to buy a ticket to ride a train, bus or ferry. Nat Parker, CEO of Reach Now, says the partners will create “smarter mobility solutions that help drive more intelligence for cities and help consumers get from point A to B”. The partnership betw
  • Switching Atlanta onto MaaS
    May 9, 2019
    It’s easy to talk about MaaS in the abstract – but MaaS isn’t going to work if it’s just a theory. Colin Sowman speaks to one woman about the practical benefits - and difficulties - of getting out of her car and switching to public transit in Atlanta, Georgia One of the first goals of Mobility as a Service (MaaS) inventor Sampo Hietanen is that MaaS should persuade households they don’t need a second car. This is starting to happen - even in the car-dominated US. Last year, authorities in the state of Ge