Daimler and Geely form global JV to develop smart electric models

Daimler AG and Zhejiang Geely Holding Group, the German and Chinese automotive groups, today announced the formation of a 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of small urban vehicles, as a leader in premium-electrified vehicles. Under the joint venture agreement, a new generation of smart electric models […]