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Daimler and Geely Holding form global JV for smart; new generation of electric models

Green Car Congress

Daimler AG and Zhejiang Geely Holding Group , the German and Chinese automotive groups, have formed 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. For more than 2.2 Future production will be located in China.

Global 259
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2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

In 2023, Europe’s auto market achieved its best sales since the pandemic, spurred partly by strong demand for EVs. Europe’s automotive market appears to be normalizing,” said Felipe Munoz, Global Analyst at JATO Dynamics. Europe’s automotive market appears to be normalizing,” said Felipe Munoz, Global Analyst at JATO Dynamics.

Europe 52