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

April 19, 2012

Daimler and Bosch announce JV

Daimler and Robert Bosch have signed agreements on the establishment of a 50:50 joint venture (JV) for electric motors. Subject to the approval of the antitrust authoritie, the new company, which is to be set up under the name EM-motive, will develop, produce, and market innovative electric motors for electric vehicles.
September 16, 2019

Volocopter raises €50m for air taxi launch

Volocopter has raised €50 million to help commercially launch its VoloCity air taxi within the next few years. Automotive company Zhejiang Geely Holding led the funding round and is partnering with Volocopter to develop urban air mobility in China. Li Shufu, Geely Holding chairman, says: “Geely is transitioning from being an automotive manufacturer to a mobility technology group, investing in and developing a wide range of next-generation technologies.” Looking ahead, Volocopter expects to close
July 31, 2018

Daimler and Baidu to develop automated driving and connectivity in China

German car manufacturer Daimler has extended its partnership with technology company Baidu in China to develop automated driving and connectivity projects. The companies partnered in 2017 to develop the Baidu Apollo, an open platform intended to support the major features and functions of automated vehicles. Daimler also joined the Apollo Committee, a group whose stated aim is to accelerate research on safer solutions in automated driving and promote the drafting of related regulations. In July, Dai
June 29, 2015

Bosch and Daimler developing automated parking system

Daimler, Bosch and car2go are cooperating on a new project that will see cars parking themselves. Automated parking uses an intelligent infrastructure in the car park and a vehicle control unit from Bosch in conjunction with the newest generation of Mercedes-Benz on-board sensors and the car-sharing expertise of car2go. This will enable automated manoeuvring in appropriately equipped parking garages in the near future. The user books a vehicle from car2go via smartphone and as soon as he is in the ca
boombox1

Highlighted Content

boombox2