Daimler AG is working with China’s Zhejiang Geely Holding Group, to set up a joint venture to make the electric version of Smart cars in China.
This is probably long overdue as the original ICE Smart was a very popular model in China and was soon widely copied.
With a planned release date of 2022, the new Smart had better be extra smart as there are already many local EV versions running on the roads in China.
Perhaps Daimler are betting on cost effective production to make a Made In China Smart an attractive option to global buyers?
QUESTION: Would you buy a MIC EV?
Let us know.
For a more objective view, please read: https://www.caixinglobal.com/2020-01-09/daimler-sets-up-china-electric-smart-car-venture-with-geely-101502381.html
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