Daimler to develop Smart brand together with Geely

FAN Editor
China Development Forum in Beijing
Daimler CEO Dieter Zetsche speaks during the China Development Forum in Beijing, China March 24, 2019. REUTERS/Thomas Peter/Pool

March 28, 2019

FRANKFURT/BEIJING (Reuters) – Daimler on Thursday said it will develop its next generation of Smart electric vehicles in China through a joint venture with rival Geely, deepening an alliance between the two carmakers.

Daimler said it will build next generation Smart vehicles at a purpose built factory in China, and share its expertise in manufacturing, engineering and design with Geely.

(Reporting by Edward Taylor; editing by Thomas Seythal)

Free America Network Articles

Leave a Reply

Next Post

China, US poised to resume trade talks

Image 1 of 2 ▼ U.S. Treasury Secretary Steven Mnuchin gestures as he speaks to media upon his arrival to a hotel with his Trade Representative Robert Lighthizer in Beijing, Thursday, March 28, 2019. Mnuchin and his Trade Representative Robert Lighthizer arrive at China’s capital to hold a new round […]

You May Like