BEIJING/SHANGHAI (Reuters) - Zhejiang Geely Holding Group Co Ltd [GEELY.UL] and Mercedes-Benz on Wednesday said they would each invest 2.7 billion yuan (295.98 million pounds) in a China-based venture to build "premium and intelligent electrified" vehicles under the smart brand. The 50:50 venture has received regulatory approval and will be based in the Chinese coastal city of Ningbo, the Chinese and German automakers said in a statement. Like Mercedes-Benz, smart is a Daimler AG ma
CBS Chicago is reporting that some of the missing cars have been used to commit crimes.
One more way automakers are aligning to make EVs profitable and affordable.
Smart has a new boss, but patience is running thin for the money-loser.
Just as cute as the Forease concept, only slightly less impractical.
They'll each hold 50% of the joint venture.
It sure does have a stellar turning radius.
Finally, a reason for a Smart car.
BMW aims to have 100 million customers for "premium mobility services" by 2025.
The Smart vision EQ fortwo is Daimler AG's take on the future of mobility. This electric concept has no pedals or steering wheel and considers a future with autonomous car sharing.