Daimler, Geely form JV to own, operate and further develop smart as premium EV maker

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JV will produce a new generation of smart electric models at a new factory in China

Daimler and Geely will form a new joint venture (JV) in China to own, operate and develop ‘smart’ as a premium electric vehicle (EV) brand, Daimler announced in a press release today (28 March).

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