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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. Future production will be located in China.

Global 259
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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

In May 2019 production of the EQC (combined power consumption: 21.5 Just a few months later the German-Chinese production joint venture, Beijing Benz Automotive Co. In May 2019, the EQC 400 4MATIC as a purely electric vehicle, was integrated into the ongoing series production of the Mercedes-Benz plant in Bremen.

Mercedes 259
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

million units in March 2020, down by 39% from March 2019. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold. Overall, the total for the first quarter of 2020 already highlights a reduction of 26% Q1 2019 with sales decreasing to 17.42

Europe 261