Geely To Engineer Cars For Mercedes-Benz's Smart Brand

Mercedes-Benz in addition to Geely announced that they convey formally established the global articulation venture, Smart Automobile Co., Ltd. afterward receiving regulatory approvals.

The articulation company has a full registered uppercase of 5.4 billion RMB ( P 39.6 billion). With this, Mercedes-Benz in addition to Geely promise to transform Smart into a leading role musician inwards the electrified vehicles segment. The global headquarters of the novel articulation company is prepare inwards Hangzhou Bay, Ningbo amongst operational sales functions based inwards mainland People's Republic of China in addition to Germany.

The novel generation of Smart vehicles volition hold out designed yesteryear the worldwide Mercedes-Benz Design network, in addition to developed yesteryear the Geely global applied scientific discipline network. Future production volition hold out located inwards China.

As share of the vehicle-development program, the Smart production portfolio volition hold out extended into the fast-growing B-segment that are inwards business amongst Smart’s construct positioning amongst a focus on pure premium electrical in addition to connected vehicles.